Upshur County Real Estate Market Extends Downward Trend in New Listings

Over the last 30 days, a recent downward trend of new sellers coming into the Upshur County market continued, with three listings in this week's report. Meanwhile, sales dropped, with three homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. As the weak new listing numbers suggest, months of inventory is on a four-week downward trend, this week hitting seven months. With decreasing sales and the availability of so much inventory, Upshur County is a definite buyer's market.

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

Demographic facts for Upshur County:

  • The median value of all homes in the area is $88,000.
  • The area gets 74 rainy days a year. (U.S. average: 100)
  • The unemployment rate for this area is 6.7%.
  • The student-to-teacher ratio is 12.5:1. (15.3:1 = national average)

Data reported through 10/19/2016

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