Call or Text (240) SELL-123

PETROLEUM, WV 26161

Real Estate Market Report  ·  Ritchie County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
1
100% pending ratio
Median Price
$135,000
⇩ 50.3% vs $271,500 last year
Average Price
$135,000
⇩ 50.3% vs $271,500 last year
Days on Market
123
⇧ 10.8% vs 111 days last year

Market Context

Population: 526  ·  Density: 4.1/mi²  ·  Median household income: $54,375

Typical home value: $0  ·  Homeownership: 100.0%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The PETROLEUM, WV real estate market (26161) currently shows 1 active listings, with 1 pending sales. Homes are averaging 123 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 123 days on market compared to 111 days last year.

The median listing price has fallen 50.3% year-over-year, from $271,500 to $135,000.

Whether you are buying or selling in PETROLEUM, WV, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PETROLEUM, WV 26161 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 2 last year
  • Days on market: 123 now vs 111 last year

Median & Average Pricing

Year over Year
  • Median: $135,000 (-50.3% YoY)
  • Average: $135,000 (-50.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.0 miles — 172 listings ($35,751,670 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
26161Petroleum, WV 261610.0 mi1$135,000$135,000$135,000
26337Cairo, WV 263376.8 mi4$570,000$142,500$142,500
26184Waverly, WV 2618410.4 mi2$379,500$189,750$189,750
26142Davisville, WV 2614211.3 mi4$2,074,000$518,500$518,500
26170Saint Marys, WV 2617014.1 mi14$3,555,398$160,000$253,957
26134Belmont, WV 2613414.5 mi4$1,472,000$255,000$368,000
26136Big Bend, WV 2613615.8 mi1$150,000$150,000$150,000
26141Creston, WV 2614116.5 mi1$85,000$85,000$85,000
45768Newport, OH 4576817.1 mi3$500,925$184,450$166,975
26101Parkersburg, WV 2610117.8 mi87$15,706,719$149,000$180,537
26105Vienna, WV 2610518.3 mi38$9,375,550$226,950$246,725
26415Pennsboro, WV 2641519.2 mi6$861,798$122,450$143,633
26147Grantsville, WV 2614720.0 mi7$885,780$94,900$126,540

Frequently Asked Questions

How many homes are for sale in PETROLEUM, WV 26161?

As of January 2026, there are 1 active listings in PETROLEUM, WV (zip code 26161), compared to 2 the prior year.

What is the median home price in PETROLEUM, WV 26161?

The median listing price in PETROLEUM, WV 26161 is $135,000 as of January 2026, a 50.3% decrease from $271,500 the prior year.

How long do homes stay on the market in PETROLEUM, WV?

Homes in PETROLEUM, WV 26161 spend an average of 123 days on the market before going under contract, compared to 111 days the prior year.

Is it a seller's or buyer's market in PETROLEUM, WV 26161?

Based on current inventory and days-on-market data as of January 2026, PETROLEUM, WV 26161 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 123 days on market compared to 111 days last year.

How much can I save on real estate commission in PETROLEUM, WV?

With SELL123.com's maximum 3% commission, sellers in PETROLEUM, WV 26161 save an estimated $2,700 compared to a typical 5% commission on the median listing price of $135,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.