$10,000 Closing Credit*
$950,000
6 Beds
•3 Full Baths, 10 Partial
Levi Morris, Listing Office: LPT Realty, LLC
Is Reedy, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Reedy was a Neutral Market.
Key Takeaway
Reedy is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Reedy, WV
How much do homes in Reedy, WV cost?
Median Sold Price
$91,000
$70/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$19,000(-17.3%)
Key Takeaway
Homes in Reedy have sold for 17.3% less than they did a month ago.
Summary: The median home sold price in Reedy was $91,000 in November 2024, down 17.3% from last month, and the median price per square foot was $70.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $91K | N/A |
| 3 Bedrooms | $110K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Reedy housing prices by bedroom type for November 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.
Housing Supply in Reedy, WV
How many homes are available in Reedy, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The Reedy real estate market had 5 homes for sale in November 2024, a 16.7% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Reedy 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Reedy, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Reedy in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Reedy, WV
How long does it take to sell a home in Reedy, WV?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 149 Days | 42 Days | -71.8% |
Summary: Homes in Reedy had an average of 42 days on market in Nov 2024, down by 71.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Reedy has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Reedy; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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