Follansbee, WV

Buyer's market+351.4% YoY

Housing market overview · Updated weekly

$162,500median sale price

Homes sold

1

Last 12 weeks

Days on market

59

Average pace

Active listings

11

11.0 months supply

Sale-to-list

95.6%

Below asking

The Follansbee housing market is currently classified as a buyer's market with a median sale price of $162,500. Prices have risen 351.4% compared to last year, with homes spending an average of 59 days on market, indicating 11.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Follansbee

There are currently 11 homes listed for sale in Follansbee, West Virginia. The median listing price is $160K.

Active listings

11

Homes on market

Median list price

$160K

Avg. days on market

59

Days until sale

New this week

1

Newly listed

Price drops:9.1%of listings
Sale-to-list:95.6%

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Frequently asked questions

What is the average home price in Follansbee?

The median home sale price in Follansbee is $162,500, up 351.4% from last year.

How long do homes stay on market in Follansbee?

Homes typically spend 59 days on market before going under contract.

Is Follansbee a buyer's or seller's market?

With 11.0 months of supply, Follansbee is currently a buyer's market.

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