Panther, WV 24872 housing market
Data through Aug 2026 · Balanced market · leverage 70
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Home Value
$51,251
−10.9% vs. a year ago
Buyer Leverage Score
70
Nov 2022
Days on Market
78 days
May 2024
Price Cut %
0.0%
May 2024
Mtg Payment as % of Income
12%
Aug 2026
Expected Disaster Loss
$356
Dec 2025
What this means
- Prices. Home values are down 10.9% over the past year (U.S.: +1.2%), 50% below their 2022-23 peak.
- Supply. There are 0% more homes for sale than the 2017-19 norm, so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is high (70/100; U.S.: 54) (as of Nov 2022): 0% of listings had a price cut (U.S.: 26%) (as of May 2024).
- Affordability. A mortgage on the typical home takes 12% of the median household income (U.S.: 35%); it takes about $16k a year to keep the payment at 30% of gross pay. That includes about $1,135 a year for home insurance (U.S.: $1,790).
- Disaster risk. FEMA expects about $356 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.
- Outlook. Leaning up: likely −6% to +10% over the next 12 months (70% chance of a rise).
Next 12 months
Leaning up
Prices are more likely to rise than fall over the next year. Likely change: −6.2% to +10.1% (80% range; middle estimate +3.1%), chance of a rise 70%, of a 5%+ drop 12%.
HouseVane's model, refit every month on local market signals and national ones, trained only on data known at the time. How accurate it has been.
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Other ZIP codes in McDowell County, WV
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| ZIP 24817 | – | – | 50 |
| War, WV 24892 | $38.9K | −14.2% | 72 |
| Iaeger, WV 24844 | $53.9K | −14.1% | 2 |
| Northfork, WV 24868 | $39.6K | −14.7% | 66 |
| Filbert, WV 24836 | – | – | 100 |
| Panther, WV 24862 | $62.5K | −7.2% | – |
| ZIP 24866 | – | – | – |
| ZIP 24871 | – | – | 69 |
| Anawalt, WV 24808 | – | – | 46 |
| Kimball, WV 24853 | – | – | 63 |
| Davy, WV 24828 | $47.5K | −13.8% | 88 |
| ZIP 24894 | – | – | – |
| ZIP 24813 | – | – | 72 |
| Northfork, WV 24831 | $39.8K | −17.1% | – |
| ZIP 24811 | – | – | – |
| ZIP 24878 | – | – | 8 |
| ZIP 24846 | – | – | – |
| Paynesville, WV 24873 | $50K | −10.2% | 13 |
| War, WV 24879 | – | – | 55 |
| Berwind, WV 24815 | – | – | 85 |
| Elbert, WV 24830 | – | – | 73 |
| ZIP 24816 | – | – | – |
| ZIP 24848 | – | – | – |
| Maybeury, WV 24861 | – | – | – |
| ZIP 24888 | – | – | 14 |
| ZIP 24826 | – | – | 73 |
| ZIP 24881 | – | – | 71 |
| Squire, WV 24884 | – | – | 89 |
| Kyle, WV 24855 | – | – | 13 |
| Jolo, WV 24850 | $47.8K | −8.0% | 67 |
| ZIP 24895 | – | – | 3 |
| Switchback, WV 24887 | – | – | 24 |
| ZIP 24843 | – | – | – |