$7,363 Closing Credit*
$620,000
3,777 SqFt
4 Beds
•3 Full Baths, 1 Partial
Drema Davis, Listing Office: Old Colony
Is Scott, 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, Scott has remained a Seller's Market.
Key Takeaway
Scott is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Scott, WV
How much do homes in Scott, WV cost?
Median Sold Price
$309,700
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$54,700(+21.5%)
Key Takeaway
Homes in Scott have sold for 21.5% more than they did a year ago.
Summary: The median home sold price in Scott was $309,700 in November 2024, up 21.5% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180K | $183K | +1.7% |
| 3 Bedrooms | $230K | $245K | +6.5% |
| 4 Bedrooms | $334.5K | $400K | +19.6% |
| 5+ Bedrooms | $470K | $575K | +22.3% |
Summary: Scott housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 22.3%.
Median Sold Price Compared To Nearby Cities
| Scott Depot | $255K | $320K | +25.5% |
| Scott | $255K | $309.7K | +21.5% |
| Winfield | $265K | $315K | +18.9% |
| Teays | $292.5K | $342K | +16.9% |
| Buffalo-Union | $245K | $223K | -9.0% |
Housing Supply in Scott, WV
How many homes are available in Scott, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 45 | +7.1% |
Summary: The Scott real estate market had 45 homes for sale in November 2024, a 7.1% 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 | 5 | 3 | -40.0% |
| 3 Bedrooms | 15 | 18 | +20.0% |
| 4 Bedrooms | 11 | 14 | +27.3% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Scott 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 decreased by 40%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Scott, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Scott in November 2024, the same as the previous month. Of the 10 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Scott, WV
How long does it take to sell a home in Scott, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 14 Days | -30.6% |
Summary: Homes in Scott had an average of 14 days on market in Nov 2024, down by 30.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Scott are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Scott; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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