West Virginia Housing Market

Cold Market

Housing market data and trends for West Virginia. Track median prices, inventory, days on market, and competition metrics for real estate investors.

Data period: March 2026

Median Sale Price

$253K

5.7% YoY

Days on Market

80 days

21.2% YoY

Active Inventory

3,620

3.0% YoY

Homes Sold

1,081

0.4% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

West Virginia Market Summary

The West Virginia housing market is cooling down. As of March 2026, the median home sale price is $253K, up 5.7% year-over-year. Homes are spending a median of 80 days on the market, 21.2% longer than a year ago.

There are 3,620 homes for sale — 3.0% fewer than last year. With 3.3 months of supply, this is a seller's market. 1,632 new listings were added during this period, up 1.8% year-over-year.

Homes are selling for 96.6% of their list price on average, suggesting room for negotiation. 17.9% of homes sell above their asking price. 21.8% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

76

Contributing Factors

Months of Supply 3.3
Days on Market 80
Price Drops 21.8%
Sale-to-List Ratio 96.6%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 42.1%
Days on Market (National: 55) 45.5%
Inventory (National: 1,314,690) 99.7%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 42% below the national median, which could indicate stronger cash flow potential.

West Virginia Market Trends

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Detailed Market Metrics

Median List Price

$266K

Price per Sq Ft

$144

Sale-to-List Ratio

96.6%

Months of Supply

3.3

Sold Above List

17.9%

Price Drops

21.8%

New Listings

1,632

1.8% YoY

Pending Sales

1,565

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.