$2,375 Closing Credit*
$200,000
2,088 SqFt
3 Beds
•2 Full Baths
Whitney A Simmons, Listing Office: Key MOVe Realty LLC
Is Washington, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Washington was a Seller's Market.
Key Takeaway
Washington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Washington, WV
How much do homes in Washington, WV cost?
Median Sold Price
$228,250
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,750(-4.1%)
Key Takeaway
Homes in Washington have sold for 4.1% less than they did a year ago.
Summary: The median home sold price in Washington was $228,250 in November 2024, down 4.1% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $90K | N/A |
| 2 Bedrooms | $116.4K | $80K | -31.3% |
| 3 Bedrooms | $210.5K | $210K | -0.2% |
| 4 Bedrooms | $295K | $310K | +5.1% |
| 5+ Bedrooms | $302.5K | $475K | +57.0% |
Summary: Washington 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 decreased by 31.3%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 57%.
Housing Supply in Washington, WV
How many homes are available in Washington, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Washington real estate market had 16 homes for sale in November 2024, a 6.7% increase 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Washington 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 200%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Washington, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Washington in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Washington, WV
How long does it take to sell a home in Washington, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 17 Days | -56.1% |
Summary: Homes in Washington had an average of 17 days on market in Nov 2024, down by 56.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Washington are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Washington; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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