Is Martinsburg, WV 25403 a buyer’s or seller’s market?
Martinsburg is a seller’s market. With about 3.3 months of supply and 23% 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.
More competitive than 52% of U.S. ZIP codes, and #26 of 66 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Martinsburg housing market right now
In the three months ending August 31, 2026, 23% of homes in Martinsburg, WV 25403 sold above their list price, the typical home went under contract in 52 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 114 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (24% then), homes sold more slowly (44 days then) and the median sale price rose 6% to $371,839. Overall, Martinsburg is less competitive than a year ago, which gives buyers more room.
Within Berkeley County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Martinsburg ranks #26 of 66 WV ZIP codes with enough sales (score 51 out of 100).
Nearby, Hedgesville 25427 (40% sold over asking) and Inwood 25428 (40% sold over asking) are even more competitive.
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Nearby markets
Bunker Hill 25413Seller’s market $190 /sq ftFalling Waters 25419Seller’s market $180 /sq ftGerrardstown 25420Balanced $216 /sq ftHedgesville 25427Seller’s market $210 /sq ft Browse all markets →Towns like Martinsburg nearby
Find towns like Martinsburg in other states →Where Martinsburg is
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Questions about Martinsburg real estate
Is Martinsburg a buyer’s or seller’s market?
A seller’s market: there were 3.3 months of supply in Martinsburg, WV 25403 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 Martinsburg?
The typical home went under contract in 52 days in the latest three months.
Do homes in Martinsburg sell over asking?
23% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.
What are property taxes in Martinsburg?
About 0.52% of a home’s value a year in Berkeley County, or roughly $2,080 on a $400,000 home.
What is the median home price in Martinsburg?
The median sale price was $371,839 in the three months ending August 31, 2026, about $162 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