Is Millwood, WV 25262 a buyer’s or seller’s market?
Millwood is a seller’s market. With about 1.6 months of supply and 0% 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 Millwood housing market right now
In the three months ending August 31, 2026, 0% of homes in Millwood, WV 25262 sold above their list price, the typical home went under contract in 39 days and there were 1.6 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 was about the same (0% then), homes sold more slowly (35 days then) and the median sale price fell 37% to $212,158. Overall, Millwood is about as competitive as it was a year ago.
Within Jackson County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Evans 25241 (14% sold over asking) and Ravenswood 26164 (11% sold over asking) are even more competitive.
Run the numbers for 25262
Nearby markets
Cottageville 25239 — /sq ftEvans 25241Seller’s market $134 /sq ftGay 25244 — /sq ftGiven 25245Seller’s market $85 /sq ft Browse all markets →Towns like Millwood nearby
Find towns like Millwood in other states →Where Millwood is
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Questions about Millwood real estate
Is Millwood a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Millwood, WV 25262 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 Millwood?
The typical home went under contract in 39 days in the latest three months.
Do homes in Millwood sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Millwood?
About 0.53% of a home’s value a year in Jackson County, or roughly $2,120 on a $400,000 home.
What is the median home price in Millwood?
The median sale price was $212,158 in the three months ending August 31, 2026, about $144 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