Is Adam Stephens, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Adam Stephens was a Seller's Market.
Housing Prices in Adam Stephens, WV
How much do homes in Adam Stephens, WV cost?
Median Sold Price
$220,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Adam Stephens was $220,000 in May 2024, up 10% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $153K | $105.5K | -31.0% |
2 Bedrooms | $157.5K | $172.5K | +9.5% |
3 Bedrooms | $205K | $220K | +7.3% |
4 Bedrooms | $285K | $263.4K | -7.6% |
5+ Bedrooms | $375K | $350K | -6.7% |
Summary: Adam Stephens housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes decreased by 6.7%.
Median Sold Price Compared To Nearby Cities
Adam Stephens | $199.9K | $220K | +10.0% |
Tuscarora | $278.2K | $304.7K | +9.5% |
Martinsburg | $265K | $287.7K | +8.6% |
Norborne | $325K | $349.9K | +7.7% |
Valley | $280K | $300K | +7.1% |
Housing Supply in Adam Stephens, WV
How many homes are available in Adam Stephens, WV?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
64 | 75 | +17.2% |
Summary: The Adam Stephens real estate market had 75 homes for sale in May 2024, a 17.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 45 | 53 | +17.8% |
4 Bedrooms | 11 | 12 | +9.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Adam Stephens housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 9 | -47.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Adam Stephens in May 2024, down by 47.1% month-over-month. Of the 9 sold homes, 22% were sold under asking, 44% were sold at asking, and 33% were sold over asking.
Days on Market for Adam Stephens, WV
How long does it take to sell a home in Adam Stephens, WV?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
35 Days | 45 Days | +29.7% |
Summary: Homes in Adam Stephens had an average of 45 days on market in May 2024, up by 29.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Adam Stephens; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.