$5,224 Closing Credit*
$439,900
2,935 SqFt
3 Beds
•2 Full Baths, 1 Partial
Howard G Kronthal, Listing Office: Exit Success Realty
Is Valley, 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, Valley has remained a Seller's Market.
Key Takeaway
Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Valley, WV
How much do homes in Valley, WV cost?
Median Sold Price
$315,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+5.0%)
Key Takeaway
Homes in Valley have sold for 5% more than they did a year ago.
Summary: The median home sold price in Valley was $315,000 in November 2024, up 5% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172K | $195.2K | +13.5% |
| 2 Bedrooms | $236.2K | $230K | -2.6% |
| 3 Bedrooms | $300K | $295K | -1.7% |
| 4 Bedrooms | $357.5K | $435K | +21.7% |
| 5+ Bedrooms | $423.5K | $469.1K | +10.8% |
Summary: Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 10.8%.
Median Sold Price Compared To Nearby Cities
| Adam Stephens | $212.2K | $236.9K | +11.6% |
| Norborne | $325K | $359.7K | +10.7% |
| Tuscarora | $292.4K | $314K | +7.4% |
| Valley | $300K | $315K | +5.0% |
| Hedgesville | $300K | $310.5K | +3.5% |
Housing Supply in Valley, WV
How many homes are available in Valley, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 132 | 133 | +0.8% |
Summary: The Valley real estate market had 133 homes for sale in November 2024, a 0.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 18 | 17 | -5.6% |
| 3 Bedrooms | 71 | 77 | +8.5% |
| 4 Bedrooms | 34 | 30 | -11.8% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Valley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 33 | +13.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Valley, expect to pay close to the asking price. 36.4% of homes here sold near the asking price last month.
Summary: A total of 33 homes were sold or pending in Valley in November 2024, up by 13.8% month-over-month. Of the 33 sold homes, 30% were sold under asking, 36% were sold at asking, and 33% were sold over asking.
Days on Market for Valley, WV
How long does it take to sell a home in Valley, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 29 Days | -11.1% |
Summary: Homes in Valley had an average of 29 days on market in Nov 2024, down by 11.1% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Valley are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 33 homes were sold in Valley; 64% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
