Nitro Housing Market Report March 2025•Kanawha County, West Virginia

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Housing Prices in Nitro, WV

How much do homes in Nitro, WV cost?

Housing Market Conditions

Is Nitro, WV a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Nitro is a Neutral Market

Difference Since March 2024

At the same time last year, Nitro was a Seller's Market.

Insight

Nitro is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$162,000$107/SqFt
+$26,500
+19.6%

Based on all homes sold in the last 12 months

Insight

Homes in Nitro have sold for 19.6% more than they did a year ago.

Summary: The median home sold price in Nitro was $162,000 in March 2025, up 19.6% from last year, and the median price per square foot was $107.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Nitro
+19.6%
Scott
+17.0%
Pocatalico
-2.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1-$65.5K
N/A
2$97.4K$122.9K
+26.2%
3$145K$172.2K
+18.8%
4$201.7K$210K
+4.1%
5$213.5K$237.4K
+11.2%

Summary: Nitro housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +26.2%. The home price for 3 bedroom homes increased by +18.8%. The home price for 4 bedroom homes increased by +4.1%. The home price for 5 bedroom homes increased by +11.2%.

How does Nitro, WV compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Nitro, WV

Housing supply in Nitro, WV

How many homes are available in Nitro, WV?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
19Last MonthMar 2025
172 months agoFeb 2025
+11.8 %
Change MoMFeb – Mar

Summary: The Nitro real estate market had 19 homes for sale in Mar 2025, a 11.8 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthMar 2025
32 months agoFeb 2025
0.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
111
0.0%
212
+100.0%
31213
+8.3%
422
0.0%
511
0.0%

Summary: Nitro housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +8.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Nitro, WV cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Nitro, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Nitro in March 2025, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and and 33% were sold over asking.

Days on Market for Nitro, WV

How long does it take to sell a home in Nitro, WV?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Many homes in Nitro are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 3 homes were sold in Nitro; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
17 DaysThis YearMar 2025
33 Days1 year agoMar 2024
-46.6 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Nitro had an average listing age of 17 days in Mar 2025, down by 46.6% compared to the previous year.

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Newest Listings in Nitro, WV

What homes are available in Nitro, WV?

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Nearby markets

Popular Cities with Homes for Sale in West Virginia

MLS Disclaimers and Copyright

Based on information from Kanawha Valley MLS Inc., for the period 04/01/2023 - 04/01/2025

Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Kanawha Valley Board of Realtors. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. This listing data is updated on a daily basis. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Copyright © 2025 Kanawha Valley Board of Realtors. 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: 4/11/2025, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.