$7,363 Closing Credit*
$620,000
3,777 SqFt
4 Beds
•3 Full Baths, 1 Partial
Drema Davis, Listing Office: Old Colony
Is Scott Depot, 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 Depot has remained a Seller's Market.
Key Takeaway
Scott Depot is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Scott Depot, WV
How much do homes in Scott Depot, WV cost?
Median Sold Price
$320,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$65,000(+25.5%)
Key Takeaway
Homes in Scott Depot have sold for 25.5% more than they did a year ago.
Summary: The median home sold price in Scott Depot was $320,000 in November 2024, up 25.5% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $171.6K | +7.3% |
| 3 Bedrooms | $236.9K | $264K | +11.4% |
| 4 Bedrooms | $280K | $362.5K | +29.5% |
| 5+ Bedrooms | $464.9K | $409.6K | -11.9% |
Summary: Scott Depot 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 7.3%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 29.5%, and 5+ bedroom homes decreased by 11.9%.
Housing Supply in Scott Depot, WV
How many homes are available in Scott Depot, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 22 | -8.3% |
Summary: The Scott Depot real estate market had 22 homes for sale in November 2024, a 8.3% 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 | 1 | -66.7% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Scott Depot 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 66.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Scott Depot, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Scott Depot in November 2024, up by 50.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Scott Depot, WV
How long does it take to sell a home in Scott Depot, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 16 Days | -17.5% |
Summary: Homes in Scott Depot had an average of 16 days on market in Nov 2024, down by 17.5% compared to last year.
Breakdown of Home Sale Times
8 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 Depot are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Scott Depot; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.