Is Williams, 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, Williams has remained a Seller's Market.
Key Takeaway
Williams is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Williams, WV
How much do homes in Williams, WV cost?
Median Sold Price
$184,000
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Williams have sold for 14.8% less than they did a year ago.
Summary: The median home sold price in Williams was $184,000 in May 2024, down 14.8% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $141.9K | $149K | +5.0% |
| 3 Bedrooms | $182K | $175K | -3.8% |
| 4 Bedrooms | $294.5K | $254.5K | -13.6% |
| 5+ Bedrooms | $424.9K | $456.5K | +7.4% |
Summary: Williams housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
| Marietta Township | $164K | $189.6K | +15.7% |
| Vienna | $175K | $182K | +4.0% |
| Williams | $216K | $184K | -14.8% |
| North Hills | $311.5K | $214K | -31.3% |
Housing Supply in Williams, WV
How many homes are available in Williams, WV?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 53 | 59 | +11.3% |
Summary: The Williams real estate market had 59 homes for sale in May 2024, a 11.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 27 | 27 | 0.0% |
| 4 Bedrooms | 14 | 17 | +21.4% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Williams housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Williams, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Williams in May 2024, up by 50.0% month-over-month. Of the 15 sold homes, 80% were sold under asking, 13% were sold at asking, and 7% were sold over asking.
Days on Market for Williams, WV
How long does it take to sell a home in Williams, WV?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 59 Days | 108 Days | +81.5% |
Summary: Homes in Williams had an average of 108 days on market in May 2024, up by 81.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Williams has remained consistent over time.
Summary: During May 2024, 15 homes were sold in Williams; 13% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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