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Sarah Mitchell

CNESRESABR

Compass Real Estate · Boaz, WV

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Boaz, WV(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Boaz, WV Housing Market

Seller's market
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $188,750 (through May 2026). With 0.3 months of supply and homes going under contract in about 43 days, Boaz is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $188,750 home is about $1,008/mo in principal and interest.

Key numbers for Boaz, WV

Median sale price

$188,750

Last published period

Redfin, through May 2026

Days on market

43

Average pace

Redfin, through May 2026

Active listings

1

0.3 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

$92,708

Home costs 2.0x income

U.S. Census ACS, 2023

Sale-to-list ratio

99.2%

Selling below asking

Redfin, through May 2026

Zillow figures 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 Boaz a buyer's or seller's market?

Seller's market0.3 months of supply43 days on market99.2% of asking

Boaz, WV is a seller's market, based on 0.3 months of supply and homes selling in about 43 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Boaz housing market data show?

Every row below is Redfin's final published month for Boaz, WV. Redfin, through May 2026

Housing market statistics for Boaz, WV, Redfin through May 2026
MetricValue
Median sale price$188,750
Median price per sq ft$190/sq ft
Median days on market43 days
Active inventory1 listings
Months of supply0.3 months
Sale-to-list price ratio99.2%
Homes sold (that month)4
Market conditionSeller's market

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 Boaz is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Boaz 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 Boaz home prices moved?

Across the 14 months we hold for Boaz, WV, the median sale price rose 57.3%, from $120,000 in October 2022 to $188,750. For prices to fall meaningfully from here, supply would have to keep building past 0.3 months while the sale-to-list ratio slips below its current 99.2%. 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 Boaz?

Priced off the median sale price of $188,750 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.

Monthly principal and interest by down payment in Boaz, WV
Down paymentCash at closeLoan amountMonthly P&I
20%$37,750$151,000$1,008/mo
5%$9,438$179,313$1,197/mo

Redfin, through May 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 $1,008, that implies roughly $43,185 a year before you add taxes and insurance. The median household in Boaz earns $92,708, about $49,523 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 2.0x — close to the historical 3x norm, which is unusual in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Boaz in the next 12 months?

Tell us your timeline. We send the Boaz market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Boaz?

Zillow does not publish a rent index (ZORI) for Boaz, 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 Boaz?

Active listings in Boaz, WV went from 2 in May 2024 to 1 in May 2026, a -50.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Boaz, WV
MonthActive listingsNew listings
May 20242not published
July 202464
August 20243not published
September 202431
November 202432
December 202411
April 20251not published
June 20251not published
December 20252not published
March 202631
May 20261not published

Redfin, through May 2026

How does Boaz compare to West Virginia and the U.S.?

Boaz homes sell for $188,750 — 29% below the West Virginia median of $265,200. Against the national median of $410,700, Boaz runs 54% lower.

Boaz, WV compared with West Virginia and the United States
MarketMedian sale priceYoYDays on market
Boaz, WV$188,750not published43 days
West Virginia statewide$265,200+7.8%50 days
United States$410,700not publishednot 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 Boaz

What buyers should watch

  • Months of supply, currently 0.3. 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 $189 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 $188,750 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 Boaz listing goes under contract in 43 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 99.2% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • Comparable ZIP-level pricing inside Boaz varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Boaz

There are currently 1 homes listed for sale in Boaz, West Virginia. Featured listings range from $42,900 to $710,000.

land for sale at Orange Dr Boaz - $42,900
$42,900

Orange Dr

Boaz, WV

0 sqft0
Land8,276 sqft lot
View photos & details
land for sale at 64 Alexander Dr Boaz - $114,900
$114,900

64 Alexander Dr

Boaz, WV

0 sqft0
Land19,663 sqft lot
View photos & details
2 bedroom house for sale at 56 N Meadowlark Dr Boaz - $180,000
$180,000

56 N Meadowlark Dr

Boaz, WV

2 bd1 ba0 sqft0
House11,478 sqft lot
View photos & details
5 bedroom house for sale at 9 Henderson Ln Boaz - $710,000
$710,000

9 Henderson Ln

Boaz, WV

5 bd4 ba4,500 sqft$158/ft²
House14,601 sqft lot
View photos & details

Looking to buy in Boaz?

Get connected with a local real estate expert — free, no obligation.

Active listings

1

Homes on market

Avg. days on market

43

Days until sale

Sale-to-list:99.2%

How much do homes cost in Boaz by property type?

How the Boaz, WV market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Boaz, WV
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$188,750$190/sq ft443 days

Who lives in Boaz?

American Community Survey estimates for Boaz. U.S. Census ACS, 2023

Population

1,374

Households

547

Median income

$92,708/yr

Median age

48.6 years

Owner-occupied

85.7%

Median home value

$227,400

Median gross rent

$1,274/mo

Mean commute

22.3 min

85.7% of occupied homes in Boaz 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.

Which cities are near Boaz, WV?

Ordered by distance from Boaz, not by size. Compare Boaz side by side with any of them.

Boaz housing market FAQ

Is Boaz a buyer's or seller's market?

Boaz, WV is currently a seller's market. That read comes from 0.3 months of supply, homes going under contract in about 43 days, and sellers getting 99.2% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Boaz?

The median sale price in the last month Redfin published was $188,750, about $190 per square foot.

Is Boaz cheaper than the rest of West Virginia?

Boaz's median sale price of $188,750 is 29% lower than the West Virginia statewide median of $265,200, and 54% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Boaz?

Homes in Boaz, WV spent a median of 43 days on market before going under contract, versus 50 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Boaz?

At the current 30-year fixed rate of 7.03%, 20% down on a $188,750 home is about $1,008 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $43,185 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $92,708.

Are home prices rising in Boaz?

We do not hold a complete 12-month value series for Boaz, WV yet, so we are not going to call a direction. The price chart above shows every period we do have.

What are the cheapest ZIP codes in Boaz?

Boaz 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 Boaz?

That depends on your timeline, not on a headline. What the data says today: Boaz, WV is a seller's market with 0.3 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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One email: what homes are actually clearing at around $188,750, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.