West Virginia started 2024 with a total of 2,422 single-family homes on the market, with a median home price of $230,000 and an average price per square foot of $139.68. By the end of the year, inventory had increased to 2,840 homes on the market (+17%), with a median home price of $240,000 (+4%), and an average price per square foot of $150 (+7%).
At the start of 2024, the median days on market (DOM) was 77 days – by the end of the year, median DOM had decreased to 77 days.
West Virginia started the year with 32.29% of homes taking a price cut. (For reference, 35% is the national average for price reductions in a "normal" year.) By the end of the year, about 33.91% of homes for sale had taken a price cut.
