Is Tuscarora, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Tuscarora was a Seller's Market.
Key Takeaway
Tuscarora is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tuscarora, WV
How much do homes in Tuscarora, WV cost?
Median Sold Price
$304,750
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Tuscarora have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Tuscarora was $304,750 in May 2024, up 9.5% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $149K | N/A |
| 2 Bedrooms | $187.5K | $211K | +12.5% |
| 3 Bedrooms | $247.4K | $278.7K | +12.6% |
| 4 Bedrooms | $343.5K | $352.4K | +2.6% |
| 5+ Bedrooms | $410K | $415K | +1.2% |
Summary: Tuscarora 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 12.5%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 1.2%.
Median Sold Price Compared To Nearby Cities
| Adam Stephens | $199.9K | $220K | +10.0% |
| Tuscarora | $278.2K | $304.7K | +9.5% |
| Martinsburg | $265K | $287.7K | +8.6% |
| Shenandoah | $293.6K | $305K | +3.9% |
| Potomac | $280K | $289.9K | +3.6% |
Housing Supply in Tuscarora, WV
How many homes are available in Tuscarora, WV?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 82 | 95 | +15.9% |
Summary: The Tuscarora real estate market had 95 homes for sale in May 2024, a 15.9% 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 | 52 | 61 | +17.3% |
| 4 Bedrooms | 22 | 23 | +4.5% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Tuscarora 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 increased by 17.3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 13 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tuscarora, expect to pay close to the asking price. 53.8% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Tuscarora in May 2024, down by 50.0% month-over-month. Of the 13 sold homes, 8% were sold under asking, 54% were sold at asking, and 38% were sold over asking.
Days on Market for Tuscarora, WV
How long does it take to sell a home in Tuscarora, WV?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 11 Days | 12 Days | +12.4% |
Summary: Homes in Tuscarora had an average of 12 days on market in May 2024, up by 12.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tuscarora are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in Tuscarora; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
