Is Tygart, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tygart is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Tygart has remained a Seller's Market.

Key Takeaway

Tygart is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Tygart, WV

How much do homes in Tygart, WV cost?

Median Sold Price

$140,000

$102/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,000(+0.7%)

Key Takeaway

Homes in Tygart have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in Tygart was $140,000 in November 2024, up 0.7% from last year, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $107K$129.9K
+21.4%
3 $132K$150K
+13.6%
4 $180K$180K
0.0%
5+ $312.5K$155K
-50.4%

Summary: Tygart 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 21.4%, 3 bedroom homes increased by 13.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 50.4%.

Median Sold Price Compared To Nearby Cities

Lubeck
+17.8%
Tygart
+0.7%
Washington
0.4%
Slate
-4.4%
Mineral Wells
-24.3%

Housing Supply in Tygart, WV

How many homes are available in Tygart, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2726-3.7%

Summary: The Tygart real estate market had 26 homes for sale in November 2024, a 3.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 118
-27.3%
3 810
+25.0%
4 76
-14.3%
5+ 12
+100.0%

Summary: The Tygart 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 decreased by 27.3%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tygart, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Tygart in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.

Days on Market for Tygart, WV

How long does it take to sell a home in Tygart, WV?

Average Sale Time

Nov 2023Nov 2024CHANGE
49 Days37 Days-23.3%

Summary: Homes in Tygart had an average of 37 days on market in Nov 2024, down by 23.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tygart has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Tygart; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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