Is Great Cacapon, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Great Cacapon has remained a Buyer's Market.
Housing Prices in Great Cacapon, WV
How much do homes in Great Cacapon, WV cost?
Median Sold Price
$270,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Great Cacapon was $270,000 in May 2024, down 18.7% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $166.5K | $220K | +32.1% |
2 Bedrooms | $240.8K | $217.5K | -9.7% |
3 Bedrooms | $375K | $287.7K | -23.3% |
4 Bedrooms | $428.7K | $332.2K | -22.5% |
5+ Bedrooms | - | - | N/A |
Summary: Great Cacapon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.1%, 2 bedroom homes decreased by 9.7%, 3 bedroom homes decreased by 23.3%, 4 bedroom homes decreased by 22.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Berkeley Springs | $286.5K | $310K | +8.2% |
Paw Paw | $186.5K | $180K | -3.5% |
Great Cacapon | $332K | $270K | -18.7% |
Housing Supply in Great Cacapon, WV
How many homes are available in Great Cacapon, WV?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 19 | +11.8% |
Summary: The Great Cacapon real estate market had 19 homes for sale in May 2024, a 11.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Great Cacapon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Great Cacapon in May 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Great Cacapon, WV
How long does it take to sell a home in Great Cacapon, WV?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
6 Days | 7 Days | +7.7% |
Summary: Homes in Great Cacapon had an average of 7 days on market in May 2024, up by 7.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Great Cacapon; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.