Is Berkeley County, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Berkeley County has remained a Seller's Market.
Housing Prices in Berkeley County, WV
How much do homes in Berkeley County, WV cost?
Median Sold Price
$292,248
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Berkeley County was $292,248 in April 2024, up 5.3% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | $157.4K | -10.0% |
2 Bedrooms | $200K | $230K | +15.0% |
3 Bedrooms | $260K | $275.6K | +6.0% |
4 Bedrooms | $349.7K | $350K | 0.1% |
5+ Bedrooms | $400K | $419.9K | +5.0% |
Summary: Berkeley County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Counties
Washington County | $279.9K | $310K | +10.7% |
Berkeley County | $277.4K | $292.2K | +5.3% |
Jefferson County | $355K | $370K | +4.2% |
Morgan County | $288.5K | $285.5K | -1.0% |
Housing Supply in Berkeley County, WV
How many homes are available in Berkeley County, WV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
502 | 569 | +13.3% |
Summary: The Berkeley County real estate market had 569 homes for sale in April 2024, a 13.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 42 | 37 | -11.9% |
3 Bedrooms | 291 | 348 | +19.6% |
4 Bedrooms | 134 | 146 | +9.0% |
5+ Bedrooms | 32 | 35 | +9.4% |
Summary: The Berkeley County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.9%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 9.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
149 | 134 | -10.1% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
60 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Summary: A total of 134 homes were sold or pending in Berkeley County in April 2024, down by 10.1% month-over-month. Of the 134 sold homes, 28% were sold under asking, 45% were sold at asking, and 28% were sold over asking.
Days on Market for Berkeley County, WV
How long does it take to sell a home in Berkeley County, WV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 23 Days | -30.8% |
Summary: Homes in Berkeley County had an average of 23 days on market in Apr 2024, down by 30.8% compared to last year.
Breakdown of Home Sale Times
104 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 134 homes were sold in Berkeley County; 78% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.