$4,037 Closing Credit*
$339,990
1,910 SqFt
3 Beds
•2 Full Baths, 2 Partial
Patricia Jones, Listing Office: New Home Star Virginia, LLC
Is Ranson, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$325,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$42,500(+15.0%)
Key Takeaway
Homes in Ranson have sold for 15% more than they did a year ago.
Summary: The median home sold price in Ranson was $325,000 in November 2024, up 15% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $180K | +33.3% |
| 2 Bedrooms | $222.4K | $250K | +12.4% |
| 3 Bedrooms | $275K | $305.5K | +11.1% |
| 4 Bedrooms | $370K | $427.9K | +15.7% |
| 5+ Bedrooms | $397.5K | $509K | +28.1% |
Summary: Ranson housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 28.1%.
Median Sold Price Compared To Nearby Cities
| Middleway | $369.5K | $436.9K | +18.3% |
| Ranson | $282.5K | $325K | +15.0% |
| Charles Town | $366.4K | $419.9K | +14.6% |
| Kearneysville | $373K | $425K | +13.9% |
Housing Supply in Ranson, WV
How many homes are available in Ranson, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 49 | -5.8% |
Summary: The Ranson real estate market had 49 homes for sale in November 2024, a 5.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 27 | 25 | -7.4% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Ranson housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ranson, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in Ranson in November 2024, down by 17.6% month-over-month. Of the 14 sold homes, 36% were sold under asking, 43% were sold at asking, and 21% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 47 Days | +242.3% |
Summary: Homes in Ranson had an average of 47 days on market in Nov 2024, up by 242.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Ranson are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Ranson; 50% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
