The Cheat Lake housing market is somewhat competitive. The median sale price of a home in Cheat Lake was $480K last month, up 13.1% since last year. The median sale price per square foot in Cheat Lake is $161, down 10.6% since last year.
What is the housing market like in Cheat Lake today?
In October 2024, Cheat Lake home prices were up 13.1% compared to last year, selling for a median price of $480K. On average, homes in Cheat Lake sell after 64 days on the market compared to 51 days last year. There were 13 homes sold in October this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$480,000
+13.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Cheat Lake, WV
$480,000
+13.1%
United States
To compare other locations to the Cheat Lake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Cheat Lake add value to a home.
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How hot is the Cheat Lake housing market?
Cheat Lake is somewhat competitive. Homes sell in 58.5 days.
0
100
43
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 59 days.
Hot homes
can sell for around list price and go pending in around 38 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cheat Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cheat Lake.
Flood Factor - Severe
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cheat Lake has a severe risk of flooding. 572 properties in Cheat Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Cheat Lake. Flood risk is increasing slower than the national average.
63% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cheat Lake has a moderate risk of wildfire. There are 3,748 properties in Cheat Lake that have some risk of being affected by wildfire over the next 30 years. This represents 63% of all properties in Cheat Lake.