$4,150 Closing Credit*
$349,500
1,474 SqFt
3 Beds
•2 Full Baths
Jessica Lynn Jarrett, Listing Office: Century 21 Full Service Realty
Is Putnam County, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Putnam County has remained a Seller's Market.
Key Takeaway
Putnam County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Putnam County, WV
How much do homes in Putnam County, WV cost?
Median Sold Price
$269,933
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,053(+8.0%)
Key Takeaway
Homes in Putnam County have sold for 8% more than they did a year ago.
Summary: The median home sold price in Putnam County was $269,933 in October 2024, up 8% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137K | $147.2K | +7.5% |
| 2 Bedrooms | $170.7K | $165K | -3.4% |
| 3 Bedrooms | $221.5K | $236.2K | +6.7% |
| 4 Bedrooms | $327.5K | $355K | +8.4% |
| 5+ Bedrooms | $418K | $452K | +8.1% |
Summary: Putnam County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 8.1%.
Median Sold Price Compared To Nearby Counties
| Mason County | $139K | $165K | +18.7% |
| Kanawha County | $155K | $173.3K | +11.8% |
| Putnam County | $249.8K | $269.9K | +8.0% |
| Jackson County | $182.5K | $191K | +4.7% |
Housing Supply in Putnam County, WV
How many homes are available in Putnam County, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 127 | 125 | -1.6% |
Summary: The Putnam County real estate market had 125 homes for sale in October 2024, a 1.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 57 | 57 | 0.0% |
| 4 Bedrooms | 43 | 37 | -14.0% |
| 5+ Bedrooms | 18 | 22 | +22.2% |
Summary: The Putnam County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 37 | -2.6% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Putnam County, you may be able to get a good deal. 54.1% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Putnam County in October 2024, down by 2.6% month-over-month. Of the 37 sold homes, 54% were sold under asking, 14% were sold at asking, and 32% were sold over asking.
Days on Market for Putnam County, WV
How long does it take to sell a home in Putnam County, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 13 Days | +0.7% |
Summary: Homes in Putnam County had an average of 13 days on market in Oct 2024, up by 0.7% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Putnam County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 37 homes were sold in Putnam County; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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