Coming soon
$3,859 Closing Credit¹
Teresa L. White-Curtis, Listing Office: Perry Realty, LLC
Berkeley Springs Housing Market Report December 2024•Morgan County, West Virginia
Housing Prices in Berkeley Springs, WV
How much do homes in Berkeley Springs, WV cost?
Housing Market Conditions
Is Berkeley Springs, WV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Berkeley Springs is a Seller's Market
Difference Since December 2023
Since last year, Berkeley Springs has remained a Seller's Market.
Insight
Berkeley Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$295,000$185/SqFt
-$17,500
-5.6%
Based on all homes sold in the last 12 months
Insight
Homes in Berkeley Springs have sold for 5.6% less than they did a year ago.
Summary: The median home sold price in Berkeley Springs was $295,000 in December 2024, down 5.6% from last year, and the median price per square foot was $185.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Gainesboro | $398.2K | $420K | +5.5% |
| Valley | $300K | $315K | +5.0% |
| Berkeley Springs | $312.5K | $295K | -5.6% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $102.6K | $250K | +143.6% |
| 22 Bedrooms | $252.5K | $227.4K | -9.9% |
| 33 Bedrooms | $318K | $300K | -5.7% |
| 44 Bedrooms | $330K | $354.5K | +7.4% |
| 55+ Bedrooms | $310K | $475K | +53.2% |
Summary: Berkeley Springs housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +143.6%. The home price for 2 bedroom homes decreased by -9.9%. The home price for 3 bedroom homes decreased by -5.7%. The home price for 4 bedroom homes increased by +7.4%. The home price for 5 bedroom homes increased by +53.2%.
Housing supply in Berkeley Springs, WV
How many homes are available in Berkeley Springs, WV?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 85Last MonthDec 2024 | ||
| 872 months agoNov 2024 | -2.3 % Change MoMNov – Dec |
Summary: The Berkeley Springs real estate market had 85 homes for sale in Dec 2024, a 2.3 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 23Last MonthDec 2024 | ||
| 152 months agoNov 2024 | +53.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 0 | -100.0% |
| 22 Bedrooms | 9 | 9 | 0.0% |
| 33 Bedrooms | 52 | 52 | 0.0% |
| 44 Bedrooms | 16 | 15 | -6.3% |
| 55+ Bedrooms | 9 | 9 | 0.0% |
Summary: Berkeley Springs housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -6.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Berkeley Springs, WV cost?
Over Asking Price10 Homes
At Asking Price1 Home
Under Asking Price12 Homes
Insight
If you're buying a home in Berkeley Springs, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Berkeley Springs in December 2024, up by 53.3% month-over-month. Of the 23 sold homes, 52% were sold under asking, 4% were sold at asking, and and 43% were sold over asking.
Days on Market for Berkeley Springs, WV
How long does it take to sell a home in Berkeley Springs, WV?
Breakdown of Home Sale Times
Under 30 Days13 Homes
30 – 90 Days9 Homes
Over 90 Days1 Home
Insight
Many homes in Berkeley Springs are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 23 homes were sold in Berkeley Springs; 57% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 28 DaysThis YearDec 2024 | ||
| 37 Days1 year agoDec 2023 | -25.2 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Berkeley Springs had an average listing age of 28 days in Dec 2024, down by 25.2% compared to the previous year.
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Newest Listings in Berkeley Springs, WV
What homes are available in Berkeley Springs, WV?
Coming soon
$2,838 Closing Credit¹
Sabrena J Funk, Listing Office: Kesecker Realty, Inc.
$5,344 Closing Credit¹
Teresa L. White-Curtis, Listing Office: Perry Realty, LLC
$4,156 Closing Credit¹
Stuart A Sinclair, Listing Office: Coldwell Banker Premier
$949 Closing Credit¹
A. Katherine Gregg, Listing Office: Braddock Realty Inc
Coming soon
$3,206 Closing Credit¹
Teresa L. White-Curtis, Listing Office: Perry Realty, LLC
Backup offers
$2,494 Closing Credit¹
Carolyn A Young, Listing Office: Samson Properties
Backup offers
$4,274 Closing Credit¹
Jordan Brady Butts, Listing Office: Burch Real Estate Group, LLC
$8,253 Closing Credit¹
Teresa L. White-Curtis, Listing Office: Perry Realty, LLC
$4,155 Closing Credit¹
Matthew P Ridgeway, Listing Office: RE/MAX Real Estate Group
$3,478 Closing Credit¹
Gina M Wood, Listing Office: Kesecker Realty, Inc.
Holly Michele McKinney, Listing Office: Mountain Home Real Estate, LLC
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 01/01/2023 - 01/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:24:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.