Is Benwood, WV 26031 a buyer’s or seller’s market?
Benwood is a seller’s market. With about 3.2 months of supply and 14% 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 Benwood housing market right now
In the three months ending August 31, 2026, 14% of homes in Benwood, WV 26031 sold above their list price, the typical home went under contract in 43 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 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 faster (123 days then) and the median sale price rose 37% to $109,952. Overall, Benwood is more competitive than a year ago, so tougher for buyers.
Within Marshall County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Proctor 26055 (0% sold over asking) or Mcmechen 26040 (0% sold over asking).
Run the numbers for 26031
Nearby markets
Cameron 26033 — /sq ftGlen Dale 26038Seller’s market $148 /sq ftGlen Easton 26039 $155 /sq ftMcmechen 26040Balanced $60 /sq ft Browse all markets →Towns like Benwood nearby
Find towns like Benwood in other states →Where Benwood is
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Questions about Benwood real estate
Is Benwood a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Benwood, WV 26031 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 Benwood?
The typical home went under contract in 43 days in the latest three months.
Do homes in Benwood sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Benwood?
About 0.45% of a home’s value a year in Marshall County, or roughly $1,800 on a $400,000 home.
What is the median home price in Benwood?
The median sale price was $109,952 in the three months ending August 31, 2026, about $83 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