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Featured local agent — Pea Ridge, WV
Sarah Mitchell
Compass Real Estate · Pea Ridge, WV
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Pea Ridge, WV Housing Market & Real Estate
Housing market overview · Updated monthly ·
$236,500median sale price
How is the Pea Ridge, WV housing market right now?
The median home sale price in Pea Ridge, WV is $236,500, down 20.3% year-over-year. Homes sell in an average of 26 days with 14 active listings. The market is currently a seller's 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 Pea Ridge a buyer's or seller's market?
Pea Ridge, WV is currently a seller's market, based on 2.3 months of supply and homes selling in about 26 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
26
Average pace
Active listings
14
2.3 months supply
Sale-to-list
98.1%
Below asking
What does the Pea Ridge housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $236,500 |
| Median list price | $229,950 |
| Year-over-year price change | -20.3% |
| Average days on market | 26 days |
| Active inventory | 14 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 98.1% |
| Median price per sq ft | $123/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 8 |
| Listings with a price cut | 21.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Pea Ridge by property type?
How the Pea Ridge, 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 | $236,500 | $123/sq ft | 6 | 26 days |
| Condo / Co-op | $198,750 | $153/sq ft | 1 | 191 days |
| Townhouse | $148,900 | $106/sq ft | 1 | 2 days |
Source: Redfin · Updated monthly
The Pea Ridge housing market is currently classified as a seller's market with a median sale price of $236,500. Prices have fallen 20.3% compared to last year, with homes spending an average of 26 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Pea Ridge
There are currently 14 homes listed for sale in Pea Ridge, West Virginia. The median listing price is $230K.
Active listings
14
Homes on market
Median list price
$230K
Avg. days on market
26
Days until sale
New this week
8
Newly listed
Who lives in Pea Ridge?
Population
7,188
Median income
$67,708/yr
Median age
38.8 years
Owner-occupied
61.1%
College grads
46.6%
Avg commute
21.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Pea Ridge?
Pea Ridge is a community of approximately 7K residents with a median age of 38.8 years.The median household income is $67,708, which represents a working-class community with solid middle-income opportunities. 46.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 61.1%, showing a blend of owner and renter-occupied properties. The average commute time is 21.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Pea Ridge offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Pea Ridge, WV?
Want a head-to-head view? Compare Pea Ridge side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Pea Ridge?
The median home sale price in Pea Ridge is $236,500, down 20.3% from last year.
How long do homes stay on market in Pea Ridge?
Homes typically spend 26 days on market before going under contract.
What is the median income in Pea Ridge?
The median household income is $67,708 per year.
Is Pea Ridge a buyer's or seller's market?
With 2.3 months of supply, Pea Ridge is currently a seller's market.
What is the median condo price in Pea Ridge?
The median condo/co-op sale price in Pea Ridge, WV is $198,750, compared to $236,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Pea Ridge?
The median single-family home price in Pea Ridge, WV is $236,500 (about $123 per square foot).
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