Westmoreland Housing Market Report February 2025•Wayne County, West Virginia

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Housing Prices in Westmoreland, WV

How much do homes in Westmoreland, WV cost?

Housing Market Conditions

Is Westmoreland, 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

Westmoreland is a Seller's Market

Difference Since January 2025

Last month, Westmoreland has remained a Seller's Market.

Insight

Westmoreland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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.
$211,206$109/SqFt
-$183,793
-46.5%

Based on all homes sold in February 2025

Insight

Homes in Westmoreland have sold for 46.5% less than they did a month ago.

Summary: The median home sold price in Westmoreland was $211,206 in February 2025, down 46.5% from last month, and the median price per square foot was $109.

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.
BedsJan 2025Feb 2025Change MoM
1--
N/A
2--
N/A
3-$236.4K
N/A
4$395K$186K
-52.9%
5--
N/A

Summary: Westmoreland housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -52.9%. The home price for 5 bedroom homes did not change.

How does Westmoreland, WV compare with other places?

Market comparison tool

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

Westmoreland, WV

Housing supply in Westmoreland, WV

How many homes are available in Westmoreland, 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
5Last MonthFeb 2025
32 months agoJan 2025
+66.7 %
Change MoMJan – Feb

Summary: The Westmoreland real estate market had 5 homes for sale in Feb 2025, a 66.7 % increase compared to Jan 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
2Last MonthFeb 2025
12 months agoJan 2025
+100.0 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
100
0.0%
200
0.0%
313
+200.0%
422
0.0%
500
0.0%

Summary: Westmoreland housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +200.0%. 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 Westmoreland, 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 Price1 Home

Insight

If you're buying a home in Westmoreland, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Westmoreland in February 2025, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.

Days on Market for Westmoreland, WV

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

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

Summary: During February 2025, 2 homes were sold in Westmoreland; 50% of homes were sold within 30 days, 50% 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.
Last Month1 month agoChange MoM
17 DaysLast MonthFeb 2025
36 Days1 month agoJan 2025
-52.8 %
Change MoMJan – Feb

Summary: Homes in Westmoreland had an average listing age of 17 days in Feb 2025, down by 52.8% compared to the previous month.

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Newest Listings in Westmoreland, WV

What homes are available in Westmoreland, WV?

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Nearby markets aren't available for Westmoreland, WV

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MLS Disclaimers and Copyright

Based on information from Kanawha Valley MLS Inc., for the period 01/01/2025 - 03/01/2025

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: 3/15/2025, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.