$3,620 Closing Credit*
$304,800
3,840 SqFt
5 Beds
•2 Full Baths, 1 Partial
Bill Raymond, Listing Office: THA 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 October 2023
Since last year, Wellsburg has remained a Seller's Market.
Key Takeaway
Wellsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wellsburg, WV
How much do homes in Wellsburg, WV cost?
Median Sold Price
$152,750
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,750(+19.3%)
Key Takeaway
Homes in Wellsburg have sold for 19.3% more than they did a year ago.
Summary: The median home sold price in Wellsburg was $152,750 in October 2024, up 19.3% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $95.9K | $115K | +19.9% |
| 3 Bedrooms | $142.5K | $151K | +6.0% |
| 4 Bedrooms | $144.9K | $244.5K | +68.8% |
| 5+ Bedrooms | $145K | $108K | -25.5% |
Summary: Wellsburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.9%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 68.8%, and 5+ bedroom homes decreased by 25.5%.
Median Sold Price Compared To Nearby Cities
| Wellsburg | $128K | $152.7K | +19.3% |
| Brilliant | $120K | $93K | -22.5% |
| Wells Township | $120.2K | $83.8K | -30.3% |
Housing Supply in Wellsburg, WV
How many homes are available in Wellsburg, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 26 | +8.3% |
Summary: The Wellsburg real estate market had 26 homes for sale in October 2024, a 8.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Wellsburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wellsburg, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Wellsburg in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 84 Days | 65 Days | -22.1% |
Summary: Homes in Wellsburg had an average of 65 days on market in Oct 2024, down by 22.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wellsburg has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Wellsburg; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.