$4,940 Closing Credit*
$415,990
2,786 SqFt
4 Beds
•2 Full Baths, 1 Partial
Joleen Ritter Haymaker, Listing Office: Samson Properties
Is Ridgeley, 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, Ridgeley was a Neutral Market.
Key Takeaway
Ridgeley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ridgeley, WV
How much do homes in Ridgeley, WV cost?
Median Sold Price
$163,500
$109/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$81,500(+99.4%)
Key Takeaway
Homes in Ridgeley have sold for 99.4% more than they did a month ago.
Summary: The median home sold price in Ridgeley was $163,500 in November 2024, up 99.4% from last month, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $135K | - | N/A |
| 3 Bedrooms | $29K | $142K | +389.7% |
| 4 Bedrooms | - | $479.9K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Ridgeley 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 increased by 389.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Ridgeley, WV
How many homes are available in Ridgeley, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Summary: The Ridgeley real estate market had 14 homes for sale in November 2024, a 7.7% increase 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Ridgeley 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ridgeley, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Ridgeley in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Ridgeley, WV
How long does it take to sell a home in Ridgeley, WV?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 80 Days | 32 Days | -59.0% |
Summary: Homes in Ridgeley had an average of 32 days on market in Nov 2024, down by 59% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ridgeley has remained consistent over time.
Summary: During November 2024, 6 homes were sold in Ridgeley; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
