$5,000
James River Rd
Ceredo, WV
0 ba
Land1.94 acres
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Sarah Mitchell
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Compass Real Estate · Ceredo, WV
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Ceredo, WV(512) 555-0184TX License #0512847
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Ceredo, WV Housing Market
Seller's market-1.1% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Ceredo, WV is worth $158,225, fell 1.1% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $150,000 (through May 2026). With 2.0 months of supply and homes going under contract in about 2 days, Ceredo is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $158,225 home is about $845/mo in principal and interest.
Key numbers for Ceredo, WV
Typical home value
$158,225
-1.1% in 12 months
Zillow, August 2026
Median sale price
$150,000
Last published period
Redfin, through May 2026
Days on market
2
Fast-moving
Redfin, through May 2026
Active listings
2
2.0 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
$48,184
Home costs 3.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
93.8%
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 Ceredo a buyer's or seller's market?
Seller's market2.0 months of supply2 days on market93.8% of asking
Ceredo, WV is a seller's market, based on 2.0 months of supply and homes selling in about 2 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Ceredo housing market data show?
Every row below is Redfin's final published month for Ceredo, WV. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $150,000 |
| Median price per sq ft | $163/sq ft |
| Median days on market | 2 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 93.8% |
| Homes sold (that month) | 1 |
| Market condition | Seller'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 Ceredo is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Ceredo 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 Ceredo home prices moved?
Across the 36 months we hold for Ceredo, WV, the median sale price rose 57.9%, from $95,000 in June 2021 to $150,000. The live Zillow value series has fell 1.1% 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 2.0 months while the sale-to-list ratio slips below its current 93.8%. 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 Ceredo?
Priced off the typical home value of $158,225 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% | $31,645 | $126,580 | $845/mo |
| 5% | $7,911 | $150,313 | $1,003/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 $845, that implies roughly $36,201 a year before you add taxes and insurance. The median household in Ceredo earns $48,184, about $11,983 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 Ceredo in the next 12 months?
Tell us your timeline. We send the Ceredo 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 Ceredo?
Zillow does not publish a rent index (ZORI) for Ceredo, 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 Ceredo?
Active listings in Ceredo, WV went from 1 in November 2023 to 2 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 |
|---|---|---|
| February 2024 | 2 | 1 |
| April 2024 | 1 | not published |
| May 2024 | 2 | 2 |
| November 2024 | 3 | 1 |
| December 2024 | 2 | not published |
| February 2025 | 3 | 2 |
| March 2025 | 3 | 1 |
| April 2025 | 1 | not published |
| June 2025 | 2 | 2 |
| September 2025 | 3 | 4 |
| March 2026 | 2 | 1 |
| May 2026 | 2 | not published |
Redfin, through May 2026
How does Ceredo compare to West Virginia and the U.S.?
Ceredo homes sell for $150,000 — 43% below the West Virginia median of $265,200. Against the national median of $410,700, Ceredo runs 63% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Ceredo, WV | $150,000 | not published | 2 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 Ceredo
What buyers should watch
- Months of supply, currently 2.0. 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 $158 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 $158,225 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 Ceredo listing goes under contract in 2 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 93.8% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Your equity moved -1.1% 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 Ceredo varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Ceredo
There are currently 2 homes listed for sale in Ceredo, West Virginia. Featured listings range from $5,000 to $120,000.
$10,000
5601 Piedmont Dr
Ceredo, WV
0 ba
Land8,276 sqft lot
View photos & details
$49,900
115 Goodwill Rd
Ceredo, WV
5 bd3 ba2,500 sqft$20/ft²
House8,712 sqft lot
View photos & details
$99,900
283 High St
Ceredo, WV
2 bd1 ba1,072 sqft$93/ft²
House200 sqft lot
View photos & details
$120,000
60 Goodwill Rd
Ceredo, WV
3 bd1 ba1,776 sqft$68/ft²
House7,841 sqft lot
View photos & details
Looking to buy in Ceredo?
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Active listings
2
Homes on market
Avg. days on market
2
Days until sale
Sale-to-list:93.8%
How much do homes cost in Ceredo by property type?
How the Ceredo, 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 | $150,000 | $163/sq ft | 1 | 2 days |
Who lives in Ceredo?
American Community Survey estimates for Ceredo. U.S. Census ACS, 2023
Population
1,432
Households
559
Median income
$48,184/yr
Median age
45.4 years
Owner-occupied
79.8%
Median home value
$126,400
Median gross rent
$731/mo
Mean commute
18.9 min
79.8% of occupied homes in Ceredo 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 $126,400 against Zillow's $158,225 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Ceredo?
1 schools tracked · 271 students
The largest public schools serving Ceredo, WV by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Ceredo-Kenova Middle School
Grades 6-8 · 271 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Ceredo, WV?
Ordered by distance from Ceredo, not by size. Compare Ceredo side by side with any of them.
Ceredo housing market FAQ
Is Ceredo a buyer's or seller's market?
Ceredo, WV is currently a seller's market. That read comes from 2.0 months of supply, homes going under contract in about 2 days, and sellers getting 93.8% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Ceredo?
The typical home in Ceredo, WV is worth $158,225 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $150,000, about $163 per square foot.
Is Ceredo cheaper than the rest of West Virginia?
Ceredo's median sale price of $150,000 is 43% lower than the West Virginia statewide median of $265,200, and 63% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Ceredo?
Homes in Ceredo, WV spent a median of 2 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 Ceredo?
At the current 30-year fixed rate of 7.03%, 20% down on a $158,225 home is about $845 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $36,201 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $48,184.
Are home prices rising in Ceredo?
The typical home value in Ceredo, WV fell 1.1% over the last 12 months, from $159,912 to $158,225 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Ceredo?
Ceredo 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 Ceredo?
That depends on your timeline, not on a headline. What the data says today: Ceredo, WV is a seller's market with 2.0 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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One email: what homes are actually clearing at around $158,225, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.