$4,150 Closing Credit*
$349,500
1,474 SqFt
3 Beds
•2 Full Baths
Jessica Lynn Jarrett, Listing Office: Century 21 Full Service Realty
Is Teays, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$325,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,100(+12.1%)
Key Takeaway
Homes in Teays have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in Teays was $325,000 in October 2024, up 12.1% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137K | - | N/A |
| 2 Bedrooms | $152.7K | $144K | -5.7% |
| 3 Bedrooms | $264.2K | $272.5K | +3.1% |
| 4 Bedrooms | $350K | $385K | +10.0% |
| 5+ Bedrooms | $400K | $449.9K | +12.5% |
Summary: Teays 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 5.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Cities
| Scott Depot | $250K | $299.9K | +20.0% |
| Scott | $250K | $300K | +20.0% |
| Teays | $289.9K | $325K | +12.1% |
| Curry | $195K | $207.5K | +6.4% |
| Hurricane | $274.7K | $268.5K | -2.2% |
Housing Supply in Teays, WV
How many homes are available in Teays, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 35 | 0.0% |
Summary: The Teays real estate market had 35 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 17 | 13 | -23.5% |
| 4 Bedrooms | 12 | 16 | +33.3% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Teays 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 decreased by 100%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Teays, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Teays in October 2024, the same as the previous month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 9 Days | -9.7% |
Summary: Homes in Teays had an average of 9 days on market in Oct 2024, down by 9.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was 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 October 2024, 11 homes were sold in Teays; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
