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Featured local agent — Newell, WV
Sarah Mitchell
Compass Real Estate · Newell, WV
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Newell, WV Housing Market & Real Estate
Housing market overview · Updated monthly ·
$21,000median sale price
How is the Newell, WV housing market right now?
The median home sale price in Newell, WV is $21,000, up 5.0% year-over-year. Homes sell in an average of 105 days with 5 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Newell a buyer's or seller's market?
Newell, WV is currently a balanced market, based on 2.5 months of supply and homes selling in about 105 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
105
Average pace
Active listings
5
2.5 months supply
Sale-to-list
56.9%
Below asking
What does the Newell housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $21,000 |
| Median list price | $81,000 |
| Year-over-year price change | +5.0% |
| Average days on market | 105 days |
| Active inventory | 5 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 56.9% |
| Median price per sq ft | $16/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 3 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Newell by property type?
How the Newell, WV market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $21,000 | $16/sq ft | 2 | 105 days |
Source: Redfin · Updated monthly
The Newell housing market is currently classified as a balanced market with a median sale price of $21,000. Prices have risen 5.0% compared to last year, with homes spending an average of 105 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.2x provides context for how home values compare to local earning capacity.
Homes for sale in Newell
There are currently 5 homes listed for sale in Newell, West Virginia. The median listing price is $81K.
Active listings
5
Homes on market
Median list price
$81K
Avg. days on market
105
Days until sale
New this week
3
Newly listed
Who lives in Newell?
Population
1,252
Median income
$38,924/yr
Median age
43.4 years
Owner-occupied
55.0%
College grads
19.4%
Avg commute
34.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Newell?
Zillow home value
$86,278
Price-to-income
2.2x
Source: Zillow Research
What is it like to live in Newell?
Newell is a community of approximately 1K residents with a median age of 43.4 years.The median household income is $38,924, which represents a working-class community with solid middle-income opportunities. 19.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 55.0%, showing a blend of owner and renter-occupied properties. The average commute time is 34.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Newell offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Newell, WV?
Want a head-to-head view? Compare Newell side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Newell?
The median home sale price in Newell is $21,000, up 5.0% from last year.
How long do homes stay on market in Newell?
Homes typically spend 105 days on market before going under contract.
What is the median income in Newell?
The median household income is $38,924 per year.
Is Newell a buyer's or seller's market?
With 2.5 months of supply, Newell is currently a balanced market.
What is the Zillow home value estimate for Newell?
The Zillow Home Value Index (ZHVI) for Newell is $86,278, representing the typical home value in the area.
How much does a single-family home cost in Newell?
The median single-family home price in Newell, WV is $21,000 (about $16 per square foot).
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