Parkersburg, WV metro area Housing Market

Cool Market

Comprehensive housing market data for the Parkersburg, 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

$169K

11.7% YoY

Days on Market

59 days

4.8% YoY

Active Inventory

176

12.1% YoY

Homes Sold

46

0.0% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Parkersburg, WV metro area Market Summary

The Parkersburg, WV metro area housing market is cooling down. As of March 2026, the median home sale price is $169K, down 11.7% year-over-year. Homes are spending a median of 59 days on the market, 4.8% shorter than a year ago.

There are 176 homes for sale — 12.1% more than last year. With 3.8 months of supply, this is a seller's market. 78 new listings were added during this period, up 6.8% year-over-year.

Homes are selling for 98.4% of their list price on average, suggesting room for negotiation. 26.1% of homes sell above their asking price. 21.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

68

Contributing Factors

Months of Supply 3.8
Days on Market 59
Price Drops 21.6%
Sale-to-List Ratio 98.4%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 61.3%
Days on Market (National: 55) 7.3%
Inventory (National: 1,314,690) 100.0%

vs. West Virginia Median

Median Price (West Virginia: $253K) 33.1%
Days on Market (West Virginia: 80) 26.3%

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 61% below the national median, which could indicate stronger cash flow potential.

Parkersburg, WV metro area Market Trends

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Detailed Market Metrics

Median List Price

$173K

Price per Sq Ft

$116

Sale-to-List Ratio

98.4%

Months of Supply

3.8

Sold Above List

26.1%

Price Drops

21.6%

New Listings

78

6.8% YoY

Pending Sales

85

Off Market in 2 Weeks

36.5%

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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.