$3,551 Closing Credit*
$299,000
1,177 SqFt
2 Beds
•1 Full Bath
Christie Giompalo, Listing Office: REALTY EXCHANGE COMMERCIAL/RES
Is Red House, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Red House has remained a Seller's Market.
Key Takeaway
Red House is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Red House, WV
How much do homes in Red House, WV cost?
Median Sold Price
$150,000
$156/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$390,000(-72.2%)
Key Takeaway
Homes in Red House have sold for 72.2% less than they did a month ago.
Summary: The median home sold price in Red House was $150,000 in December 2024, down 72.2% from last month, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $150K | N/A |
| 4 Bedrooms | $540K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Red House housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Buffalo-Union | $361K | $199K | -44.9% |
| Red House | $540K | $150K | -72.2% |
Housing Supply in Red House, WV
How many homes are available in Red House, WV?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Red House real estate market had 4 homes for sale in December 2024, a 20.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Red House housing inventory by bedroom type for December 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 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Red House, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Red House in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Red House, WV
How long does it take to sell a home in Red House, WV?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 Day | 1 Day | 0.0% |
Summary: Homes in Red House had an average of 1 days on market in Dec 2024, the same as last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Red House are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Red House; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
