Is Thorpe, WV 24888 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Thorpe is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Thorpe housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

McDowell County, WV

Population	90
Median income	$36,813
Average income	$43,766
Median home value	$62,500
Owner-occupied	100% of homes
Median year built	1956

Natural hazard riskLow for the hazards we track

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 24888; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 24888

Prefilled for 24888Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24888Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Anawalt 24808 — /sq ft Avondale 24811 — /sq ft Elbert 24830 — /sq ft Elkhorn 24831 — /sq ft Browse all markets →

Where Thorpe is

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Questions about Thorpe real estate

What are property taxes in Thorpe?

About 0.67% of a home’s value a year in McDowell County, or roughly $2,680 on a $400,000 home.

Local agents

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More tools for 24888

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value McDowell County property taxes McDowell County loan limits Closing costs in West Virginia Hottest ZIP codes in West Virginia

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology