$594 Closing Credit*
$50,000
1,284 SqFt
2 Beds
•1 Full Bath
Listing Office: BLUE SKY REALTY, LLC
Is Wellsburg, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Wellsburg was a Seller's Market.
Key Takeaway
Wellsburg is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Wellsburg, WV
How much do homes in Wellsburg, WV cost?
Median Sold Price
$140,000
$107/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$5,000(+3.7%)
Key Takeaway
Homes in Wellsburg have sold for 3.7% more than they did a month ago.
Summary: The median home sold price in Wellsburg was $140,000 in November 2024, up 3.7% from last month, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $133K | $179K | +34.6% |
| 3 Bedrooms | $135K | $140K | +3.7% |
| 4 Bedrooms | - | $34K | N/A |
| 5+ Bedrooms | $270K | - | N/A |
Summary: Wellsburg housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.6%, 3 bedroom homes increased by 3.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Wellsburg, WV
How many homes are available in Wellsburg, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -7.7% |
Summary: The Wellsburg real estate market had 24 homes for sale in November 2024, a 7.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Wellsburg 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 42.9%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wellsburg, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Wellsburg in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Wellsburg, WV
How long does it take to sell a home in Wellsburg, WV?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 105 Days | +61.3% |
Summary: Homes in Wellsburg had an average of 105 days on market in Nov 2024, up by 61.3% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wellsburg has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Wellsburg; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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