Is Ravenswood, WV 26164 a buyer’s or seller’s market?
Ravenswood is a seller’s market. With about 3.9 months of supply and 11% 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 Ravenswood housing market right now
In the three months ending August 31, 2026, 11% of homes in Ravenswood, WV 26164 sold above their list price, the typical home went under contract in 5 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 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 8%, homes sold faster (21 days then) and the median sale price rose 29% to $208,910. Overall, Ravenswood is more competitive than a year ago, so tougher for buyers.
Within Jackson County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%.
Nearby, buyers who want less competition could look at Ripley 25271 (0% sold over asking) or Millwood 25262 (0% sold over asking), while Evans 25241 (14% sold over asking) is even more competitive.
Run the numbers for 26164
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 Ravenswood nearby
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Questions about Ravenswood real estate
Is Ravenswood a buyer’s or seller’s market?
A seller’s market: there were 3.9 months of supply in Ravenswood, WV 26164 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 Ravenswood?
The typical home went under contract in 5 days in the latest three months.
Do homes in Ravenswood sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in Ravenswood?
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 Ravenswood?
The median sale price was $208,910 in the three months ending August 31, 2026, about $142 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