$4,750 Closing Credit*
$400,000
1,840 SqFt
3 Beds
•1 Full Bath, 1 Partial
Julie L Richardson, Listing Office: EXP Realty, LLC.
Housing Prices in Southwest, WV
How much do homes in Southwest, WV cost?
Median List Price
$85,000
$103/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$30,000(-26.1%)
Key Takeaway
The list price of homes in Southwest has decreased by 26.1% since last year.
Summary: The median home list price in Southwest was $85,000 in October 2024, down 26.1% from the previous year, and the median price per square foot was $103.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | - | N/A |
| 2 Bedrooms | $100K | $85K | -15.0% |
| 3 Bedrooms | - | $68K | N/A |
| 4 Bedrooms | $292K | - | N/A |
| 5+ Bedrooms | - | $215K | N/A |
Summary: Southwest 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 decreased by 15%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Central | $117.5K | $208K | +77.0% |
| Palestine | $85K | $130K | +52.9% |
| Northeast | $131.2K | $155K | +18.1% |
| Southwest | $115K | $85K | -26.1% |
Housing Supply in Southwest, WV
How many homes are available in Southwest, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Summary: The Southwest real estate market had 5 homes for sale in October 2024, a 66.7% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 55 Days | 79 Days | +43.6% |
Summary: Homes in Southwest had an average listing age of 79 days in Oct 2024, up by 43.6% compared to the previous year.
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