Is Charles Town, 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, Charles Town has remained a Seller's Market.
Housing Prices in Charles Town, WV
How much do homes in Charles Town, WV cost?
Median Sold Price
$385,666
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Charles Town was $385,666 in April 2024, up 7.1% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $725K | N/A |
2 Bedrooms | $175K | $230.7K | +31.9% |
3 Bedrooms | $306.4K | $317K | +3.4% |
4 Bedrooms | $416K | $459.9K | +10.6% |
5+ Bedrooms | $440K | $515K | +17.0% |
Summary: Charles Town housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.9%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 17%.
Housing Supply in Charles Town, WV
How many homes are available in Charles Town, WV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
84 | 100 | +19.0% |
Summary: The Charles Town real estate market had 100 homes for sale in April 2024, a 19.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 35 | 50 | +42.9% |
4 Bedrooms | 38 | 39 | +2.6% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Charles Town 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 increased by 33.3%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Charles Town in April 2024, up by 15.0% month-over-month. Of the 23 sold homes, 39% were sold under asking, 13% were sold at asking, and 48% were sold over asking.
Days on Market for Charles Town, WV
How long does it take to sell a home in Charles Town, WV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
72 Days | 37 Days | -48.4% |
Summary: Homes in Charles Town had an average of 37 days on market in Apr 2024, down by 48.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Charles Town; 57% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.