Is Red House, WV 25168 a buyer’s or seller’s market?
Red House is a seller’s market. With about 2.4 months of supply and 25% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Red House housing market right now
In the three months ending August 31, 2026, 25% of homes in Red House, WV 25168 sold above their list price, the typical home went under contract in 8 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (3 days then) and the median sale price fell 15% to $357,345. Overall, Red House is more competitive than a year ago, so tougher for buyers.
Within Putnam County, homes here sell faster than in 63% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Liberty 25124 (0% sold over asking) or Eleanor 25070 (0% sold over asking), while Scott Depot 25560 (45% sold over asking) and Buffalo 25033 (33% sold over asking) are even more competitive.
Run the numbers for 25168
Nearby markets
Bancroft 25011 — /sq ftBuffalo 25033Seller’s market $131 /sq ftEleanor 25070 $110 /sq ftFraziers Bottom 25082Seller’s market $246 /sq ft Browse all markets →Towns like Red House nearby
Find towns like Red House in other states →Where Red House is
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Questions about Red House real estate
Is Red House a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Red House, WV 25168 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 Red House?
The typical home went under contract in 8 days in the latest three months.
Do homes in Red House sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.
What are property taxes in Red House?
About 0.59% of a home’s value a year in Putnam County, or roughly $2,360 on a $400,000 home.
What is the median home price in Red House?
The median sale price was $357,345 in the three months ending August 31, 2026, about $154 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology