Is Ranson, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ranson is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Ranson has remained a Seller's Market.

Key Takeaway

Ranson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ranson, WV

How much do homes in Ranson, WV cost?

Median Sold Price

$303,500

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,500(+6.5%)

Key Takeaway

Homes in Ranson have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Ranson was $303,500 in October 2024, up 6.5% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $135K$180K
+33.3%
2 $222.4K$220K
-1.1%
3 $275K$298.7K
+8.6%
4 $390K$399.9K
+2.6%
5+ $397.5K$472.9K
+19.0%

Summary: Ranson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 19%.

Median Sold Price Compared To Nearby Cities

Middleway
+22.0%
Kearneysville
+15.3%
Charles Town
+12.1%
Ranson
+6.5%

Housing Supply in Ranson, WV

How many homes are available in Ranson, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4356+30.2%

Summary: The Ranson real estate market had 56 homes for sale in October 2024, a 30.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1111
0.0%
3 2332
+39.1%
4 79
+28.6%
5+ 24
+100.0%

Summary: The Ranson 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 increased by 39.1%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
613+116.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ranson, expect to pay close to the asking price. 69.2% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in Ranson in October 2024, up by 116.7% month-over-month. Of the 13 sold homes, 31% were sold under asking, 69% were sold at asking, and 0% were sold over asking.

Days on Market for Ranson, WV

How long does it take to sell a home in Ranson, WV?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days45 Days+86.1%

Summary: Homes in Ranson had an average of 45 days on market in Oct 2024, up by 86.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ranson are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 13 homes were sold in Ranson; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Ranson, WV

Nearby Markets to Ranson, WV

What housing markets are near Ranson, WV?