The new year brings about big decisions like moving into a new city or selling unwanted property. So if your circumstances fall under the latter and you’re planning on moving into Kanawha County, keep on reading because this article will talk about the real estate trends in Kanawha County you need to consider before moving.
If you’re determined to move into Kanawha County soon, it’s only natural that you’re doing your research before making a huge, life-changing decision. After all, moving is stressful and expensive. If you’re wondering how competitive the real estate market is in Kanawha County, you’re on the right page. Get the latest information on market conditions, price range, real estate trends, and more. Read on to find out the most recent real estate news in Kanawha this 2022.
Real Estate News Kanawha 2022
According to Realtor, there are currently 754 homes for sale in Kanawha County, ranging from $100,000 to $3,000,000. Kanawha County has affordable townhomes. This neighborhood also has a median listing home price of $149,000. Additionally, in January 2022, the median listing home price in Kanawha County, WV was $149,000, trending up 6.4% year-over-year. The median listing home price per square foot was $91. The median home sold price was $24,200.
News sites also report that the range of prices in the real estate market in West Virginia, where Kanawha is a part of, will remain steady in 2022. Industry experts share that a trend that began a couple of years ago continues in the Mountain State, indicating it’s a hot market for potential home buyers. However, how much the market has grown isn’t easily quantifiable.
According to real estate experts, West Virginia isn’t experiencing a financial movement that can elevate an economy across the board — but it’s also not the kind that can cripple things for a generation when things inevitably settle. If you’re looking to move into Kanawha County, you can expect to pay an average of $414 for your monthly mortgage. It is also currently ranked #1,010 out of 3,120 counties nationwide when it comes to home affordability.
Homes in Kanawha County, West Virginia sold for 19.33% below asking price on average in January 2022. Median days on the market for a listed home is 113 days. The trend for median days on market in Kanawha County, WV has gone up since last month, and slightly up since last year. Also, according to Realtor, Kanawha is a buyer’s market in January 2022, which means that the supply of homes is greater than the demand for homes. And since we are still in a pandemic, you can expect for this trend to continue for at least the first few years.
After reading all of these real estate market news and trends, do you think you’re ready to move to a new home in Kanawha, West Virginia? Or perhaps you have an inherited property in this area and are finally looking to sell. If you are, have you ever thought about selling your house for cash in Kanawha County?
NEED TO LEARN MORE?
If you’re looking for quick ways to sell your home fast for cash, you should consider selling to a professional home buyer in Kanawha County. Who has the time to sell your property the old-fashioned way when you’re looking to make a quick buck? We understand the urgency, and we’re here to help.
Here at 3 Oh 4 Investments, LLC, we are trusted cash home buyers in Kanawha County. We can provide you with the best price for your home while still ensuring a quick close so you can sell your home for cash, as soon as possible. If you don’t want to worry about the inconvenience of listing your home and working with a real estate agent, going through the motions of a regular sale, just sell your home to us! We’ll take care of the rest.
Our home buying process does not involve getting pre-qualified by a mortgage bank in order to obtain a home loan or listing the property on the MLS or any other listing platform. The reason our team at 3 Oh 4 Investments, LLC is able to purchase properties very quickly is because we use our own money, meaning we can close faster than traditional buyers. Give us a call at (304) 550-4130 and learn more about the home buying process today!
