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Featured local agent — Raleigh, WV

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Raleigh, WV

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

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

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Raleigh, WV Housing Market & Real Estate

Buyer's market

Housing market overview · Updated monthly ·

$35,000median sale price

How is the Raleigh, WV housing market right now?

The median home sale price in Raleigh, WV is $35,000. Homes sell in an average of 61 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of October 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Buyer's market61 avg. days on market

Raleigh, WV is currently a buyer's market and homes selling in about 61 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

61

Average pace

Active listings

Sale-to-list

58.4%

Below asking

What does the Raleigh housing market data show?

Current housing market statistics for Raleigh, WV
MetricValue
Median sale price$35,000
Average days on market61 days
Sale-to-list price ratio58.4%
Median price per sq ft$25/sq ft
Homes sold (latest month)1
Market conditionBuyer's market

Source: Redfin · Updated monthly

The Raleigh housing market is currently classified as a buyer's market with a median sale price of $35,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 61 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Homes for sale in Raleigh

Explore homes currently listed for sale in Raleigh, West Virginia across major real estate platforms.

Sale-to-list:58.4%

Who lives in Raleigh?

Population

168

Median income

$38,950/yr

Median age

49 years

Owner-occupied

100.0%

Source: U.S. Census Bureau ACS

What is it like to live in Raleigh?

Raleigh is a community of approximately 0K residents with a median age of 49 years.The median household income is $38,950, which represents a working-class community with solid middle-income opportunities.0

Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment.Overall, Raleigh offers a distinctive character that appeals to different lifestyle preferences.

Which cities are near Raleigh, WV?

Want a head-to-head view? Compare Raleigh side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Raleigh?

The median home sale price in Raleigh is $35,000, down 0.0% from last year.

How long do homes stay on market in Raleigh?

Homes typically spend 61 days on market before going under contract.

What is the median income in Raleigh?

The median household income is $38,950 per year.

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