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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, Washington has remained a Buyer'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

$249,900

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$11,900(+5.0%)

Key Takeaway

Homes in Washington have sold for 5% more than they did a year ago.

Summary: The median home sold price in Washington was $249,900 in December 2024, up 5% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$90K
N/A
2 $135K$109.9K
-18.6%
3 $213K$219.5K
+3.1%
4 $294.5K$320K
+8.7%
5+ $302.5K$475K
+57.0%

Summary: Washington 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 decreased by 18.6%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 57%.

Median Sold Price Compared To Nearby Cities

Lubeck
+15.8%
Tygart
+9.1%
Washington
+5.0%

Housing Supply in Washington, WV

How many homes are available in Washington, WV?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1115+36.4%

Summary: The Washington real estate market had 15 homes for sale in December 2024, a 36.4% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 59
+80.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Washington 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 remained the same, 3 bedroom homes increased by 80%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Washington in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Dec 2023Dec 2024CHANGE
81 Days37 Days-53.7%

Summary: Homes in Washington had an average of 37 days on market in Dec 2024, down by 53.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 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 Washington has remained consistent over time.

Summary: During December 2024, 2 homes were sold in Washington; 0% of homes were sold within 30 days, 100% 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

Newest Listings in Washington, WV

Nearby Markets to Washington, WV

What housing markets are near Washington, WV?