Is Capon, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Capon is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Capon has remained a Seller's Market.

Key Takeaway

Capon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Capon, WV

How much do homes in Capon, WV cost?

Median Sold Price

$501,500

$240/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$216,500(+76.0%)

Key Takeaway

Homes in Capon have sold for 76% more than they did a month ago.

Summary: The median home sold price in Capon was $501,500 in April 2024, up 76% from last month, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $179.9K-
N/A
2 -$353K
N/A
3 $285K-
N/A
4 $632.5K$650K
+2.8%
5+ --
N/A

Summary: Capon housing prices by bedroom type for April 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 did not change, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Capon
+76.0%
Augusta
-67.4%

Housing Supply in Capon, WV

How many homes are available in Capon, WV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1310-23.1%

Summary: The Capon real estate market had 10 homes for sale in April 2024, a 23.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 45
+25.0%
3 32
-33.3%
4 53
-40.0%
5+ 00
0.0%

Summary: The Capon housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Capon, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Capon in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Capon, WV

How long does it take to sell a home in Capon, WV?

Average Sale Time

Mar 2024Apr 2024CHANGE
10 Days69 Days+590.0%

Summary: Homes in Capon had an average of 69 days on market in Apr 2024, up by 590% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Capon are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Capon; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Capon, WV

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What housing markets are near Capon, WV?