OfferBackedBuyer Tools

Is Gap Mills, WV 24941 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Gap Mills is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market275Listing to accepted offer
Median price per sq ft$267▲ +198.9% vs. last year

The Gap Mills housing market right now

In the three months ending August 31, 2026, 0% of homes in Gap Mills, WV 24941 sold above their list price, the typical home went under contract in 275 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (237 days then) and the median sale price rose 136% to $164,929. Overall, Gap Mills is less competitive than a year ago, which gives buyers more room.

Within Monroe County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Union 24983 (14% sold over asking) is even more competitive.

Run the numbers for 24941

Prefilled for 24941Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24941Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Ballard 24918 — /sq ftGreenville 24945 — /sq ftLindside 24951Buyer’s market $79 /sq ftPeterstown 24963Seller’s market $107 /sq ft Browse all markets →

Towns like Gap Mills nearby

Find towns like Gap Mills in other states →
Jumping Branch, WV25969 · 36 miles away57% similarpricier homes ($58K more) · older residents Copper Hill, VA24079 · 38 miles away57% similarpricier homes ($103K more) · 12 min shorter commute Montvale, VA24122 · 36 miles away54% similarpricier homes ($74K more) · older residents Peterstown, WV24963 · 26 miles away50% similarlarger · older residents

Where Gap Mills is

Loading map…

Questions about Gap Mills real estate

Is Gap Mills a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Gap Mills, WV 24941 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Gap Mills?

The typical home went under contract in 275 days in the latest three months.

Do homes in Gap Mills sell over asking?

0% of homes sold above their original list price.

What are property taxes in Gap Mills?

About 0.46% of a home’s value a year in Monroe County, or roughly $1,840 on a $400,000 home.

What is the median home price in Gap Mills?

The median sale price was $164,929 in the three months ending August 31, 2026, about $267 per square foot.

Local agents

See all agents in 24941 →

No sponsored agents in 24941 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 24941

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 Monroe County property taxesMonroe County loan limitsClosing costs in West VirginiaHottest ZIP codes in West Virginia
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

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