Is Reedsville, WV 26547 a buyer’s or seller’s market?
Reedsville is a seller’s market. With about 3.8 months of supply and 0% 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 Reedsville housing market right now
In the three months ending August 31, 2026, 0% of homes in Reedsville, WV 26547 sold above their list price, the typical home went under contract in 66 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 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 faster (74 days then) and the median sale price rose 81% to $299,870. Overall, Reedsville is about as competitive as it was a year ago.
Within Preston County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Independence 26374 (33% sold over asking) and Masontown 26542 (33% sold over asking) are even more competitive.
Run the numbers for 26547
Nearby markets
Albright 26519Buyer’s market $178 /sq ftAurora 26705Buyer’s market $116 /sq ftBretz 26524 — /sq ftBruceton Mills 26525Balanced $240 /sq ft Browse all markets →Towns like Reedsville nearby
Find towns like Reedsville in other states →Where Reedsville is
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Questions about Reedsville real estate
Is Reedsville a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Reedsville, WV 26547 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 Reedsville?
The typical home went under contract in 66 days in the latest three months.
Do homes in Reedsville sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.6% of the list price.
What are property taxes in Reedsville?
About 0.49% of a home’s value a year in Preston County, or roughly $1,960 on a $400,000 home.
What is the median home price in Reedsville?
The median sale price was $299,870 in the three months ending August 31, 2026, about $178 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