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 2 Days Ago

Newest Listings in Southwest, WV

Nearby Markets to Southwest, WV

What housing markets are near Southwest, WV?