ZIP 24738 housing market
Data through Jan 2026 · Balanced market · leverage 29
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Buyer Leverage Score
29
Mar 2023
Days on Market
139 days
Mar 2023
Price Cut %
0.0%
Mar 2023
Sale-to-List Ratio
96.7%
Feb 2024
Expected Disaster Loss
$423
Dec 2025
What this means
- Supply. Listings are 67% below the 2017-19 norm and falling (−67% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is low (29/100; U.S.: 54) (as of Mar 2023): homes sell for about 3.3% below their final list price (as of Feb 2024); 0% of listings had a price cut (U.S.: 26%) (as of Mar 2023).
- Disaster risk. FEMA expects about $423 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding. Flood isn't covered by standard homeowners insurance.
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Other ZIP codes in Mercer County, WV
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Bluefield, WV 24701 | $120.4K | −2.8% | 67 |
| Princeton, WV 24740 | $157.7K | −0.4% | 70 |
| Princeton, WV 24739 | $196.9K | +5.2% | 62 |
| Rock, WV 24747 | $132.4K | −1.6% | 96 |
| Lerona, WV 24712 | $193.4K | +3.0% | 43 |
| Lerona, WV 25971 | $215.6K | +6.8% | 26 |
| Montcalm, WV 24737 | – | – | 71 |
| Camp Creek, WV 25820 | $230.7K | +1.7% | 16 |
| Flat Top, WV 25841 | $216.4K | +0.3% | 2 |
| Bramwell, WV 24715 | – | – | 67 |
| Beeson, WV 24714 | – | – | 39 |
| Kegley, WV 24731 | – | – | 0 |
| Lashmeet, WV 24733 | $127.8K | −0.6% | 11 |
| Bramwell, WV 24724 | – | – | 13 |
| Princeton, WV 25922 | $200.4K | +2.1% | 2 |
| ZIP 24729 | – | – | – |