$5,224 Closing Credit*
$439,900
3,260 SqFt
3 Beds
•2 Full Baths
Diva L Bunting, Listing Office: Touchstone Realty, LLC
Is Shepherdstown, 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, Shepherdstown has remained a Seller's Market.
Key Takeaway
Shepherdstown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shepherdstown, WV
How much do homes in Shepherdstown, WV cost?
Median Sold Price
$545,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$82,000(+17.7%)
Key Takeaway
Homes in Shepherdstown have sold for 17.7% more than they did a year ago.
Summary: The median home sold price in Shepherdstown was $545,000 in November 2024, up 17.7% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $222.5K | $270K | +21.3% |
| 2 Bedrooms | $300K | $532K | +77.4% |
| 3 Bedrooms | $370K | $502.5K | +35.8% |
| 4 Bedrooms | $514K | $550K | +7.0% |
| 5+ Bedrooms | $680K | $749.8K | +10.3% |
Summary: Shepherdstown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.3%, 2 bedroom homes increased by 77.4%, 3 bedroom homes increased by 35.8%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 10.3%.
Housing Supply in Shepherdstown, WV
How many homes are available in Shepherdstown, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 46 | +4.5% |
Summary: The Shepherdstown real estate market had 46 homes for sale in November 2024, a 4.5% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 23 | 22 | -4.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Shepherdstown 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 increased by 12.5%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shepherdstown, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Shepherdstown in November 2024, up by 75.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Shepherdstown, WV
How long does it take to sell a home in Shepherdstown, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 48 Days | +63.3% |
Summary: Homes in Shepherdstown had an average of 48 days on market in Nov 2024, up by 63.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shepherdstown are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Shepherdstown; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
