$772 Closing Credit*
$65,000
941 SqFt
4 Beds
•1 Full Bath
Patrick Rayl, Listing Office: Impact Realty Group
Is Teays, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Teays has remained a Seller's Market.
Key Takeaway
Teays is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Teays, WV
How much do homes in Teays, WV cost?
Median Sold Price
$342,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$49,500(+16.9%)
Key Takeaway
Homes in Teays have sold for 16.9% more than they did a year ago.
Summary: The median home sold price in Teays was $342,000 in November 2024, up 16.9% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137K | - | N/A |
| 2 Bedrooms | $131K | $190K | +45.0% |
| 3 Bedrooms | $265.1K | $275K | +3.7% |
| 4 Bedrooms | $350K | $385K | +10.0% |
| 5+ Bedrooms | $400K | $449.9K | +12.5% |
Summary: Teays housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 45%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Cities
| Scott Depot | $255K | $320K | +25.5% |
| Scott | $255K | $309.7K | +21.5% |
| Teays | $292.5K | $342K | +16.9% |
| Curry | $195K | $207K | +6.2% |
| Hurricane | $274.4K | $275.6K | 0.5% |
Housing Supply in Teays, WV
How many homes are available in Teays, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 38 | -7.3% |
Summary: The Teays real estate market had 38 homes for sale in November 2024, a 7.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Teays housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Teays, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Teays in November 2024, up by 18.2% month-over-month. Of the 13 sold homes, 23% were sold under asking, 31% were sold at asking, and 46% were sold over asking.
Days on Market for Teays, WV
How long does it take to sell a home in Teays, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 14 Days | -18.1% |
Summary: Homes in Teays had an average of 14 days on market in Nov 2024, down by 18.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Teays are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Teays; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
