Is Martinsburg, WV 25405 a buyer’s or seller’s market?

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

Martinsburg is a seller’s market. With about 2.6 months of supply and 30% 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.

Competition score63/ 100

More competitive than 66% of U.S. ZIP codes, and #17 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

Months of supply2.6Under 4 months = seller’s market
Sold above original list30.1%Share of sales, last 3 months
Median sale-to-list100.2%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$173▲ +0.2% vs. last year

The Martinsburg housing market right now

In the three months ending August 31, 2026, 30% of homes in Martinsburg, WV 25405 sold above their list price, the typical home went under contract in 46 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 75 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 26%, homes sold more slowly (42 days then) and the median sale price rose 10% to $356,346. Overall, Martinsburg is about as competitive as it was a year ago.

Within Berkeley County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Martinsburg ranks #17 of 66 WV ZIP codes with enough sales (score 63 out of 100).

Nearby, buyers who want less competition could look at Martinsburg 25403 (23% sold over asking) or Gerrardstown 25420 (25% sold over asking), while Hedgesville 25427 (40% sold over asking) and Inwood 25428 (40% sold over asking) are even more competitive.

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 →

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 2.6 months of supply in Martinsburg, WV 25405 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 46 days in the latest three months.

Do homes in Martinsburg sell over asking?

30% of homes sold above their original list price, and the typical sale closed at 100.2% 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 $356,346 in the three months ending August 31, 2026, about $173 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