$24,999
1200 Marshall St S
Benwood, WV
Land27,443 sqft lot
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Sarah Mitchell
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Compass Real Estate · Benwood, WV
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Benwood, WV(512) 555-0184TX License #0512847
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Benwood, WV Housing Market
Leaning buyer's+6.7% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Benwood, WV is worth $129,775, rose 6.7% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $162,500 (through May 2026). With 4.0 months of supply and homes going under contract in about 16 days, Benwood is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $129,775 home is about $693/mo in principal and interest.
Key numbers for Benwood, WV
Typical home value
$129,775
+6.7% in 12 months
Zillow, August 2026
Median sale price
$162,500
Last published period
Redfin, through May 2026
Days on market
16
Fast-moving
Redfin, through May 2026
Active listings
4
4.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$39,474
Home costs 3.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
95.6%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Benwood a buyer's or seller's market?
Leaning buyer's4.0 months of supply16 days on market95.6% of asking
Benwood, WV is a leaning buyer's, based on 4.0 months of supply and homes selling in about 16 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Benwood housing market data show?
Every row below is Redfin's final published month for Benwood, WV. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $162,500 |
| Median list price | $110,000 |
| Median price per sq ft | $43/sq ft |
| Median days on market | 16 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 95.6% |
| Homes sold (that month) | 1 |
| New listings (that month) | 3 |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Benwood is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Benwood is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Benwood home prices moved?
Across the 28 months we hold for Benwood, WV, the median sale price rose 1265.5%, from $11,900 in April 2021 to $162,500. The live Zillow value series has rose 6.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. For prices to fall meaningfully from here, supply would have to keep building past 4.0 months while the sale-to-list ratio slips below its current 95.6%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Benwood?
Priced off the typical home value of $129,775 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $25,955 | $103,820 | $693/mo |
| 5% | $6,489 | $123,286 | $823/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $693, that implies roughly $29,692 a year before you add taxes and insurance. The median household in Benwood earns $39,474, about $9,782 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.3x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Benwood in the next 12 months?
Tell us your timeline. We send the Benwood market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Benwood?
Zillow does not publish a rent index (ZORI) for Benwood, WV, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Benwood?
Active listings in Benwood, WV went from 2 in January 2024 to 4 in May 2026, a +100.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| March 2024 | 2 | 1 |
| July 2024 | 7 | 2 |
| October 2024 | 5 | 1 |
| December 2024 | 5 | 2 |
| April 2025 | 3 | not published |
| June 2025 | 2 | 1 |
| July 2025 | 1 | not published |
| October 2025 | 3 | 1 |
| November 2025 | 4 | 1 |
| March 2026 | 6 | 3 |
| April 2026 | 5 | 2 |
| May 2026 | 4 | 3 |
Redfin, through May 2026
How does Benwood compare to West Virginia and the U.S.?
Benwood homes sell for $162,500 — 39% below the West Virginia median of $265,200. Against the national median of $410,700, Benwood runs 60% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Benwood, WV | $162,500 | not published | 16 days |
| West Virginia statewide | $265,200 | +7.8% | 50 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Benwood
What buyers should watch
- Months of supply, currently 4.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $130 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $129,775 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Benwood listing goes under contract in 16 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 95.6% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Benwood added 3 new listings against 1 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +6.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Benwood varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Benwood
There are currently 4 homes listed for sale in Benwood, West Virginia. The median listing price is $110K. Featured listings range from $24,999 to $199,000.
$39,900
516 Main St
Benwood, WV
4 bd2 ba2,664 sqft$15/ft²
House2,178 sqft lot
View photos & details
$44,999
301 Maas Dr
Benwood, WV
Land39,204 sqft lot
View photos & details
$54,900
437 McMechen St
Benwood, WV
2 bd1 ba1,095 sqft$50/ft²
House18,731 sqft lot
View photos & details
$66,000
521-523 McMechen St
Benwood, WV
5 bd4 ba2,528 sqft$26/ft²
Multi-family3,485 sqft lot
View photos & details
$95,500
1406 High St
Benwood, WV
3 bd2 ba2,376 sqft$40/ft²
House3,049 sqft lot
View photos & details
$195,000
4877 Eoff St
Benwood, WV
3 bd2 ba1,828 sqft$107/ft²
House34,848 sqft lot
View photos & details
$199,000
16 Roosevelt Ave
Benwood, WV
4 bd2 ba1,120 sqft$178/ft²
House30,056 sqft lot
View photos & details
Looking to buy in Benwood?
Get connected with a local real estate expert — free, no obligation.
Active listings
4
Homes on market
Median list price
$110K
Avg. days on market
16
Days until sale
New this week
3
Newly listed
Sale-to-list:95.6%
How much do homes cost in Benwood by property type?
How the Benwood, WV market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $162,500 | $43/sq ft | 1 | 16 days |
Who lives in Benwood?
American Community Survey estimates for Benwood. U.S. Census ACS, 2023
Population
1,173
Households
564
Median income
$39,474/yr
Median age
47.1 years
Owner-occupied
67.4%
Median home value
$90,400
Median gross rent
$681/mo
Mean commute
19.5 min
67.4% of occupied homes in Benwood are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $90,400 against Zillow's $129,775 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which cities are near Benwood, WV?
Ordered by distance from Benwood, not by size. Compare Benwood side by side with any of them.
Benwood housing market FAQ
Is Benwood a buyer's or seller's market?
Benwood, WV is currently a leaning buyer's. That read comes from 4.0 months of supply, homes going under contract in about 16 days, and sellers getting 95.6% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Benwood?
The typical home in Benwood, WV is worth $129,775 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $162,500, about $43 per square foot.
Is Benwood cheaper than the rest of West Virginia?
Benwood's median sale price of $162,500 is 39% lower than the West Virginia statewide median of $265,200, and 60% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Benwood?
Homes in Benwood, WV spent a median of 16 days on market before going under contract, versus 50 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Benwood?
At the current 30-year fixed rate of 7.03%, 20% down on a $129,775 home is about $693 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $29,692 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $39,474.
Are home prices rising in Benwood?
The typical home value in Benwood, WV rose 6.7% over the last 12 months, from $121,622 to $129,775 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Benwood?
Benwood ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Benwood?
That depends on your timeline, not on a headline. What the data says today: Benwood, WV is a leaning buyer's with 4.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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