Home Sales Decline in West Point Real Estate Market

Home sales in the West Point market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 75.0% to two homes sold over the last 30 days. Within the same time frame, Newport News had 154 sales, the most of all cities in the area. The median sales price dropped dramatically to $29,950 over the latest reporting period for West Point, down from $117,099. Along with the slip in sales, a relatively high 14 months of inventory indicates that West Point is a definite buyer's market.

Trying to find a home in West Point that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$235K   $350K   $229K  

Get started right now by checking out West Point homes for sale or reviewing West Point real estate trends.

Demographic facts about West Point:

  • The median value of all homes in the area is $145,600.
  • This area usually gets 115 rainy days each year. (U.S. average: 100)
  • This area has an unemployment rate of 6.6%.
  • There are 15.1 students for every teacher. (15.3 = national average)

Data reported through 10/19/2016

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