Is Philippi, WV 26416 a buyer’s or seller’s market?
Philippi is a seller’s market. With about 2.7 months of supply and 8% 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 Philippi housing market right now
In the three months ending August 31, 2026, 8% of homes in Philippi, WV 26416 sold above their list price, the typical home went under contract in 109 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (96 days then) and the median sale price rose 31% to $179,872. Overall, Philippi is more competitive than a year ago, so tougher for buyers.
Nearby, buyers who want less competition could look at Junior 26275 (0% sold over asking) or Volga 26238 (0% sold over asking), while Belington 26250 (40% sold over asking) is even more competitive.
Run the numbers for 26416
Nearby markets
Belington 26250Balanced $122 /sq ftJunior 26275 $66 /sq ftMoatsville 26405 — /sq ftVolga 26238Seller’s market $172 /sq ft Browse all markets →Towns like Philippi nearby
Find towns like Philippi in other states →Where Philippi is
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Questions about Philippi real estate
Is Philippi a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Philippi, WV 26416 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 Philippi?
The typical home went under contract in 109 days in the latest three months.
Do homes in Philippi sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 96.0% of the list price.
What are property taxes in Philippi?
About 0.43% of a home’s value a year in Barbour County, or roughly $1,720 on a $400,000 home.
What is the median home price in Philippi?
The median sale price was $179,872 in the three months ending August 31, 2026, about $113 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