Is Lake, WV 25121 a buyer’s or seller’s market?
Lake 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.
The Lake housing market right now
In the three months ending August 31, 2026, 0% of homes in Lake, WV 25121 sold above their list price, the typical home went under contract in 4 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 about as fast and the median sale price rose 71% to $273,881. Overall, Lake is about as competitive as it was a year ago.
Within Logan County, homes here sell faster than in 82% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Holden 25625 (100% sold over asking) and Whitman 25652 (50% sold over asking) are even more competitive.
Run the numbers for 25121
Nearby markets
Amherstdale 25607 — /sq ftBruno 25611 $57 /sq ftChapmanville 25508Buyer’s market $82 /sq ftChauncey 25612Seller’s market $81 /sq ft Browse all markets →Where Lake is
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Questions about Lake real estate
Is Lake a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Lake, WV 25121 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 Lake?
The typical home went under contract in 4 days in the latest three months.
Do homes in Lake sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.
What are property taxes in Lake?
About 0.56% of a home’s value a year in Logan County, or roughly $2,240 on a $400,000 home.
What is the median home price in Lake?
The median sale price was $273,881 in the three months ending August 31, 2026, about $130 per square foot.
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More tools for 25121
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology