$724 Closing Credit*
$61,000
771 SqFt
3 Beds
•1 Full Bath
Tisha Campbell, Listing Office: Sold Sisters Realty, LLC
Is South Charleston, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, South Charleston has remained a Seller's Market.
Key Takeaway
South Charleston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Charleston, WV
How much do homes in South Charleston, WV cost?
Median Sold Price
$185,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+15.6%)
Key Takeaway
Homes in South Charleston have sold for 15.6% more than they did a year ago.
Summary: The median home sold price in South Charleston was $185,000 in October 2024, up 15.6% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $104.1K | - | N/A |
| 2 Bedrooms | $112.7K | $118K | +4.7% |
| 3 Bedrooms | $153K | $156K | +2.0% |
| 4 Bedrooms | $235K | $300K | +27.7% |
| 5+ Bedrooms | $421.2K | $400K | -5.0% |
Summary: South Charleston housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 27.7%, and 5+ bedroom homes decreased by 5%.
Median Sold Price Compared To Nearby Cities
| South Charleston | $160K | $185K | +15.6% |
| Charleston | $177.3K | $205K | +15.6% |
| Dunbar | $125K | $129K | +3.2% |
Housing Supply in South Charleston, WV
How many homes are available in South Charleston, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 | 74 | +7.2% |
Summary: The South Charleston real estate market had 74 homes for sale in October 2024, a 7.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 13 | +8.3% |
| 3 Bedrooms | 30 | 36 | +20.0% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The South Charleston 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 increased by 8.3%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Charleston, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in South Charleston in October 2024, up by 36.4% month-over-month. Of the 15 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for South Charleston, WV
How long does it take to sell a home in South Charleston, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 47 Days | +80.6% |
Summary: Homes in South Charleston had an average of 47 days on market in Oct 2024, up by 80.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Charleston are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in South Charleston; 67% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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