Is Wood 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, Wood County has remained a Seller's Market.
Housing Prices in Wood County, WV
How much do homes in Wood County, WV cost?
Median Sold Price
$160,714
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wood County was $160,714 in April 2024, up 3.3% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $54.9K | $161.5K | +194.2% |
2 Bedrooms | $107.5K | $120K | +11.6% |
3 Bedrooms | $155K | $159.9K | +3.2% |
4 Bedrooms | $208.5K | $218K | +4.6% |
5+ Bedrooms | $302.5K | $292.5K | -3.3% |
Summary: Wood County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 194.2%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 3.3%.
Median Sold Price Compared To Nearby Counties
Pleasants County | $150K | $172K | +14.7% |
Washington County | $170K | $194K | +14.2% |
Wood County | $155.6K | $160.7K | +3.3% |
Housing Supply in Wood County, WV
How many homes are available in Wood County, WV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
244 | 265 | +8.6% |
Summary: The Wood County real estate market had 265 homes for sale in April 2024, a 8.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 23 | 30 | +30.4% |
3 Bedrooms | 130 | 139 | +6.9% |
4 Bedrooms | 63 | 66 | +4.8% |
5+ Bedrooms | 27 | 28 | +3.7% |
Summary: The Wood County 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 30.4%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 3.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 56 | +24.4% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 56 homes were sold or pending in Wood County in April 2024, up by 24.4% month-over-month. Of the 56 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.
Days on Market for Wood County, WV
How long does it take to sell a home in Wood County, WV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
65 Days | 81 Days | +24.3% |
Summary: Homes in Wood County had an average of 81 days on market in Apr 2024, up by 24.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During April 2024, 56 homes were sold in Wood County; 30% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.