Housing Prices in Southwest, WV

How much do homes in Southwest, WV cost?

Median List Price

$189,000

$98/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$98,450(-34.2%)

Key Takeaway

The list price of homes in Southwest has decreased by 34.2% since September.

Summary: The median home list price in Southwest was $189,000 in October 2024, down 34.2% from the previous month, and the median price per square foot was $98.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $32.9K$32.9K
0.0%
2 $77.5K$78.2K
+1.0%
3 $311.2K$247.5K
-20.5%
4 $289.4K$269.4K
-6.9%
5+ --
N/A

Summary: Southwest 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 increased by 1%, 3 bedroom homes decreased by 20.5%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Reynoldsville
0.0%
Salem
-19.3%
Salem
-21.2%
Southwest
-34.2%

Housing Supply in Southwest, WV

How many homes are available in Southwest, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1221+75.0%

Summary: The Southwest real estate market had 21 homes for sale in October 2024, a 75.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 612
+100.0%
4 24
+100.0%
5+ 00
0.0%

Summary: The Southwest 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 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Southwest, WV

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

Average Listing Age

Sep 2024Oct 2024CHANGE
57 Days55 Days-2.6%

Summary: Homes in Southwest had an average listing age of 55 days in Oct 2024, down by 2.6% compared to the previous month.

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

Report Updated 20 Days Ago

Newest Listings in Southwest, WV

Nearby Markets to Southwest, WV

What housing markets are near Southwest, WV?