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Featured local agent — Fort Gay, WV
Sarah Mitchell
Compass Real Estate · Fort Gay, WV
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fort Gay, WV Housing Market
The typical home in Fort Gay, WV is worth $124,955, rose 0.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $215,000 (through May 2026). With 1.0 months of supply and homes going under contract in about 14 days, Fort Gay is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $124,955 home is about $667/mo in principal and interest.
Key numbers for Fort Gay, WV
Typical home value
$124,955
+0.9% in 12 months
Zillow, August 2026
Median sale price
$215,000
Last published period
Redfin, through June 2025
Days on market
14
Fast-moving
Redfin, through June 2025
Active listings
1
1.0 months of supply
Redfin, through June 2025
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$27,679
Home costs 4.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
93.5%
Selling below asking
Redfin, through June 2025
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 Fort Gay a buyer's or seller's market?
Fort Gay, WV is a seller's market, based on 1.0 months of supply and homes selling in about 14 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 Fort Gay housing market data show?
Every row below is Redfin's final published month for Fort Gay, WV. Redfin, through June 2025
| Metric | Value |
|---|---|
| Median sale price | $215,000 |
| Median price per sq ft | $125/sq ft |
| Median days on market | 14 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 93.5% |
| Homes sold (that month) | 1 |
| Listings with a price cut | 100.0% |
| 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 Fort Gay is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Fort Gay 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 Fort Gay home prices moved?
Across the 3 months we hold for Fort Gay, WV, the median sale price rose 1287.1%, from $15,500 in September 2021 to $215,000. The live Zillow value series has rose 0.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. 100.0% of Fort Gay listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 93.5%. Watch those two together — they move before the median does.
Redfin, through June 2025 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Fort Gay?
Priced off the typical home value of $124,955 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% | $24,991 | $99,964 | $667/mo |
| 5% | $6,248 | $118,707 | $792/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 $667, that implies roughly $28,589 a year before you add taxes and insurance. The median household in Fort Gay earns $27,679, about $910 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.5x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Fort Gay in the next 12 months?
Tell us your timeline. We send the Fort Gay 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 Fort Gay?
Zillow does not publish a rent index (ZORI) for Fort Gay, 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 Fort Gay?
We hold fewer than two months of inventory readings for Fort Gay, WV, so there is no trend to report yet. The most recent count we have is 1 active listings (Redfin, through May 2026).
How does Fort Gay compare to West Virginia and the U.S.?
Fort Gay homes sell for $215,000 — 19% below the West Virginia median of $265,200. Against the national median of $410,700, Fort Gay runs 48% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Fort Gay, WV | $215,000 | not published | 14 days |
| West Virginia statewide | $265,200 | +7.8% | 50 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through June 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Fort Gay
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 100.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $125 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 $124,955 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 Fort Gay listing goes under contract in 14 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 93.5% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Your equity moved +0.9% 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 Fort Gay varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Fort Gay
There are currently 1 homes listed for sale in Fort Gay, West Virginia.
Active listings
1
Homes on market
Avg. days on market
14
Days until sale
How much do homes cost in Fort Gay by property type?
How the Fort Gay, WV market breaks down across single-family homes, condos and townhouses. Redfin, through June 2025
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $215,000 | $125/sq ft | 1 | 14 days |
Who lives in Fort Gay?
American Community Survey estimates for Fort Gay. U.S. Census ACS, 2023
Population
459
Households
222
Median income
$27,679/yr
Median age
47.1 years
Owner-occupied
41.4%
Median home value
$58,100
Median gross rent
$671/mo
Mean commute
34.5 min
41.4% of occupied homes in Fort Gay 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 $58,100 against Zillow's $124,955 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Fort Gay?
2 schools tracked · 850 students
The largest public schools serving Fort Gay, 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.
Fort Gay Pre K-8
Grades PK-8 · 505 students
Tolsia High School
Grades 9-12 · 345 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 Fort Gay, WV?
Ordered by distance from Fort Gay, not by size. Compare Fort Gay side by side with any of them.
Fort Gay housing market FAQ
Is Fort Gay a buyer's or seller's market?
Fort Gay, WV is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 14 days, and sellers getting 93.5% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Fort Gay?
The typical home in Fort Gay, WV is worth $124,955 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $215,000, about $125 per square foot.
Is Fort Gay cheaper than the rest of West Virginia?
Fort Gay's median sale price of $215,000 is 19% lower than the West Virginia statewide median of $265,200, and 48% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Fort Gay?
Homes in Fort Gay, WV spent a median of 14 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 Fort Gay?
At the current 30-year fixed rate of 7.03%, 20% down on a $124,955 home is about $667 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $28,589 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $27,679.
Are home prices rising in Fort Gay?
The typical home value in Fort Gay, WV rose 0.9% over the last 12 months, from $123,838 to $124,955 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Fort Gay?
Fort Gay 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 Fort Gay?
That depends on your timeline, not on a headline. What the data says today: Fort Gay, WV is a seller's market with 1.0 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 $124,955, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.