Petroleum, WV 26161 housing market
Data through Sep 2026 · Balanced market · leverage 76
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Buyer Leverage Score
76
Sep 2026
Months of Supply
3.1 months
Aug 2025
Days on Market
105 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
66.7%
Apr 2026
Expected Disaster Loss
$402
Dec 2025
What this means
- Supply. There are 33% 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 (76/100; U.S.: 54): homes sell for about 33.3% below their final list price (as of Apr 2026); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $402 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 Ritchie County, WV
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Pennsboro, WV 26415 | $109.6K | −4.5% | 19 |
| Cairo, WV 26362 | $135.5K | −1.6% | 83 |
| Cairo, WV 26337 | $113.8K | −4.8% | 10 |
| Pennsboro, WV 26346 | $114K | +8.0% | 0 |
| Auburn, WV 26325 | – | – | 72 |
| Pullman, WV 26421 | – | – | 2 |
| Smithville, WV 26178 | $124.8K | −0.7% | 14 |
| Macfarlan, WV 26148 | – | – | 58 |
| Berea, WV 26327 | – | – | 58 |