Is Shenandoah Junction, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shenandoah Junction is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Shenandoah Junction has remained a Seller's Market.

Key Takeaway

Shenandoah Junction is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Shenandoah Junction, WV

How much do homes in Shenandoah Junction, WV cost?

Median Sold Price

$525,000

$245/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$251,500(+92.0%)

Key Takeaway

Homes in Shenandoah Junction have sold for 92% more than they did a month ago.

Summary: The median home sold price in Shenandoah Junction was $525,000 in October 2024, up 92% from last month, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $352K-
N/A
4 -$525K
N/A
5+ $195K-
N/A

Summary: Shenandoah Junction housing prices by bedroom type for October 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 Shenandoah Junction, WV

How many homes are available in Shenandoah Junction, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
64-33.3%

Summary: The Shenandoah Junction real estate market had 4 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 10
-100.0%
4 33
0.0%
5+ 21
-50.0%

Summary: The Shenandoah Junction housing inventory by bedroom type for October 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shenandoah Junction, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Shenandoah Junction in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Shenandoah Junction, WV

How long does it take to sell a home in Shenandoah Junction, WV?

Average Sale Time

Sep 2024Oct 2024CHANGE
15 Days20 Days+33.3%

Summary: Homes in Shenandoah Junction had an average of 20 days on market in Oct 2024, up by 33.3% compared to 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Shenandoah Junction are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Shenandoah Junction; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

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