Shannondale, WV Housing Market & Real Estate

Balanced market-15.2% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Shannondale, WV is $347,500, down 15.2% year-over-year. Homes sell in an average of 62 days with 13 active listings. The market is currently a balanced market.

$347,500median sale price

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

Balanced market3.3 months of supply62 avg. days on market

Shannondale, WV is currently a balanced market, based on 3.3 months of supply and homes selling in about 62 days. How we determine this →

Homes sold

4

Last 12 weeks

Days on market

62

Average pace

Active listings

13

3.3 months supply

Sale-to-list

98.1%

Below asking

Shannondale, WV market data

Current housing market statistics for Shannondale, WV
MetricValue
Median sale price$347,500
Median list price$397,500
Year-over-year price change-15.2%
Average days on market62 days
Active inventory13 listings
Months of supply3.3 months
Sale-to-list price ratio98.1%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Shannondale housing market is currently classified as a balanced market with a median sale price of $347,500. Prices have fallen 15.2% compared to last year, with homes spending an average of 62 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Shannondale

There are currently 13 homes listed for sale in Shannondale, West Virginia. The median listing price is $398K.

Active listings

13

Homes on market

Median list price

$398K

Avg. days on market

62

Days until sale

New this week

8

Newly listed

Price drops:7.7%of listings
Sale-to-list:98.1%

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Frequently asked questions

What is the average home price in Shannondale?

The median home sale price in Shannondale is $347,500, down 15.2% from last year.

How long do homes stay on market in Shannondale?

Homes typically spend 62 days on market before going under contract.

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

With 3.3 months of supply, Shannondale is currently a balanced market.

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