Is Hurricane, 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, Hurricane has remained a Seller's Market.
Key Takeaway
Hurricane is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hurricane, WV
How much do homes in Hurricane, WV cost?
Median Sold Price
$267,100
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hurricane have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Hurricane was $267,100 in April 2024, up 9.5% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137K | - | N/A |
| 2 Bedrooms | $85.9K | $170K | +97.7% |
| 3 Bedrooms | $160K | $232.5K | +45.3% |
| 4 Bedrooms | $281.4K | $374.9K | +33.2% |
| 5+ Bedrooms | $395K | $430K | +8.9% |
Summary: Hurricane 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 97.7%, 3 bedroom homes increased by 45.3%, 4 bedroom homes increased by 33.2%, and 5+ bedroom homes increased by 8.9%.
Housing Supply in Hurricane, WV
How many homes are available in Hurricane, WV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 49 | 58 | +18.4% |
Summary: The Hurricane real estate market had 58 homes for sale in April 2024, a 18.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 20 | 22 | +10.0% |
| 4 Bedrooms | 19 | 20 | +5.3% |
| 5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The Hurricane housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hurricane, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Hurricane in April 2024, up by 8.3% month-over-month. Of the 13 sold homes, 38% were sold under asking, 15% were sold at asking, and 46% were sold over asking.
Days on Market for Hurricane, WV
How long does it take to sell a home in Hurricane, WV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 32 Days | 10 Days | -69.1% |
Summary: Homes in Hurricane had an average of 10 days on market in Apr 2024, down by 69.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hurricane are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in Hurricane; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
