$2,363 Closing Credit*
$199,000
2,744 SqFt
3 Beds
•1 Full Bath
Listing Office: GRIFFIN REAL ESTATE
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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $32.9K | $32.9K | 0.0% |
| 2 Bedrooms | $77.5K | $78.2K | +1.0% |
| 3 Bedrooms | $311.2K | $247.5K | -20.5% |
| 4 Bedrooms | $289.4K | $269.4K | -6.9% |
| 5+ Bedrooms | - | - | 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 | $52.9K | $52.9K | 0.0% |
| Salem | $210K | $169.4K | -19.3% |
| Salem | $215K | $169.4K | -21.2% |
| Southwest | $287.4K | $189K | -34.2% |
Housing Supply in Southwest, WV
How many homes are available in Southwest, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 21 | +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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 6 | 12 | +100.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 55 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.
