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 December 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

$147,250

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$12,250(+9.1%)

Key Takeaway

Homes in Tygart have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Tygart was $147,250 in December 2024, up 9.1% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $107K$132.5K
+23.8%
3 $132K$150K
+13.6%
4 $180K$180K
0.0%
5+ $312.5K$155K
-50.4%

Summary: Tygart housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.8%, 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
+15.8%
Tygart
+9.1%
Washington
+5.0%

Housing Supply in Tygart, WV

How many homes are available in Tygart, WV?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2827-3.6%

Summary: The Tygart real estate market had 27 homes for sale in December 2024, a 3.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 109
-10.0%
3 1012
+20.0%
4 65
-16.7%
5+ 21
-50.0%

Summary: The Tygart housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
511+120.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tygart, 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 Tygart in December 2024, up by 120.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% 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

Dec 2023Dec 2024CHANGE
32 Days53 Days+64.8%

Summary: Homes in Tygart had an average of 53 days on market in Dec 2024, up by 64.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 December 2024, 11 homes were sold in Tygart; 18% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 9% 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 4 Days Ago

Newest Listings in Tygart, WV

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