Is Newell, WV 26050 a buyer’s or seller’s market?
Newell is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Newell housing market right now
In the three months ending August 31, 2026, 0% of homes in Newell, WV 26050 sold above their list price, the typical home went under contract in 63 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 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 (13 days then) and the median sale price rose 172% to $89,911. Overall, Newell is less competitive than a year ago, which gives buyers more room.
Nearby, Weirton 26062 (27% sold over asking) and Chester 26034 (17% sold over asking) are even more competitive.
Run the numbers for 26050
Nearby markets
Chester 26034Buyer’s market $109 /sq ftNew Cumberland 26047Seller’s market $122 /sq ftWeirton 26062Seller’s market $133 /sq ft Browse all markets →Towns like Newell nearby
Find towns like Newell in other states →Where Newell is
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Questions about Newell real estate
Is Newell a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Newell, WV 26050 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 Newell?
The typical home went under contract in 63 days in the latest three months.
Do homes in Newell sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.
What are property taxes in Newell?
About 0.63% of a home’s value a year in Hancock County, or roughly $2,520 on a $400,000 home.
What is the median home price in Newell?
The median sale price was $89,911 in the three months ending August 31, 2026, about $65 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