Ireland, WV home prices and housing market

Ireland, West Virginia home values slipped about one percent over the past year, and the typical home here is now worth around one hundred thirty-seven thousand dollars. If you are weighing whether to sell in Ireland, that one small number says more than you might think. Start with the value itself. Around one hundred thirty-seven thousand dollars is where the typical Ireland home sits as of August, and that low price point shapes everything else. At this level buyers tend to be payment sensitive, which keeps a lid on how fast prices can move, up or down. Now the direction. Values are down about one percent from a year ago, and here is the honest read on that. A one percent dip is not a falling market. It is a flat market leaning slightly downhill. Nothing here says values are about to drop sharply, but nothing says they are climbing either. Homes are worth about what they were worth, just a touch less. So what does that mean for you? If you are selling, price at the market, not above it, because in a flat market an overpriced home just sits. And if you are holding off in hopes values rise first, this trend says you could be waiting a while. If you want to know exactly where your home stands right now, get a free estimate at Home Value Pros dot com.