$3,266 Closing Credit*
$275,000
2,184 SqFt
3 Beds
•3 Full Baths
Thelma Lansang, Listing Office: Fathom Realty LLC
Is Westmoreland, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Westmoreland has remained a Seller's Market.
Key Takeaway
Westmoreland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Westmoreland, WV
How much do homes in Westmoreland, WV cost?
Median Sold Price
$194,000
$114/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$119,000(+158.7%)
Key Takeaway
Homes in Westmoreland have sold for 158.7% more than they did a month ago.
Summary: The median home sold price in Westmoreland was $194,000 in October 2024, up 158.7% from last month, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $219.9K | N/A |
| 3 Bedrooms | $75K | $194K | +158.7% |
| 4 Bedrooms | - | $119K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Westmoreland housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 158.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Westmoreland, WV
How many homes are available in Westmoreland, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Westmoreland real estate market had 3 homes for sale in October 2024, a 25.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Westmoreland 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westmoreland, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Westmoreland in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Westmoreland, WV
How long does it take to sell a home in Westmoreland, WV?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 106 Days | 25 Days | -76.1% |
Summary: Homes in Westmoreland had an average of 25 days on market in Oct 2024, down by 76.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Westmoreland are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Westmoreland; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
