Mount Gay, WV metro area Housing Market
Cool MarketComprehensive housing market data for the Mount Gay, WV metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$165K
↑ 26.9% YoY
Days on Market
132 days
↑ 3.1% YoY
Active Inventory
15
↓ 25.0% YoY
Homes Sold
6
↓ 33.3% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Mount Gay, WV metro area Market Summary
The Mount Gay, WV metro area housing market is cooling down. As of March 2026, the median home sale price is $165K, up 26.9% year-over-year. Homes are spending a median of 132 days on the market, 3.1% longer than a year ago.
There are 15 homes for sale — 25.0% fewer than last year. With 2.5 months of supply, this is a seller's market. 6 new listings were added during this period, down 14.3% year-over-year.
Homes are selling for 97.8% of their list price on average, suggesting room for negotiation. 16.7% of homes sell above their asking price. 33.3% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. West Virginia Median
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 62% below the national median, which could indicate stronger cash flow potential.
Mount Gay, WV metro area Market Trends
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Detailed Market Metrics
Median List Price
$217K
Price per Sq Ft
$99
Sale-to-List Ratio
97.8%
Months of Supply
2.5
Sold Above List
16.7%
Price Drops
33.3%
New Listings
6
↓ 14.3% YoY
Pending Sales
8
Off Market in 2 Weeks
25.0%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.