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Is Parsons, WV 26287 a buyer’s or seller’s market?

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

Parsons is a buyer’s market. With about 8.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list88.6%Sold price ÷ list price
Median days on market126Listing to accepted offer
Median price per sq ft$83▼ −2.8% vs. last year

The Parsons housing market right now

In the three months ending August 31, 2026, 0% of homes in Parsons, WV 26287 sold above their list price, the typical home went under contract in 126 days and there were 8.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 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 (88 days then) and the median sale price rose 9% to $147,436. Overall, Parsons is less competitive than a year ago, which gives buyers more room.

Nearby, Davis 26260 (5% sold over asking) is even more competitive.

Run the numbers for 26287

Prefilled for 26287Can I win this house?Multiple-offer likelihood for a listing Prefilled for 26287Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Davis 26260Buyer’s market $230 /sq ftHambleton 26269 — /sq ftThomas 26292Buyer’s market $213 /sq ft Browse all markets →

Towns like Parsons nearby

Find towns like Parsons in other states →
Philippi, WV26416 · 20 miles away82% similarlarger · younger residents Kingwood, WV26537 · 27 miles away82% similarpricier homes ($32K more) · larger French Creek, WV26218 · 32 miles away82% similaryounger residents Grafton, WV26354 · 25 miles away78% similarlarger · 7 min shorter commute

Where Parsons is

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Questions about Parsons real estate

Is Parsons a buyer’s or seller’s market?

A buyer’s market: there were 8.8 months of supply in Parsons, WV 26287 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 Parsons?

The typical home went under contract in 126 days in the latest three months.

Do homes in Parsons sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 88.6% of the list price.

What are property taxes in Parsons?

About 0.37% of a home’s value a year in Tucker County, or roughly $1,480 on a $400,000 home.

What is the median home price in Parsons?

The median sale price was $147,436 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