"Price adjustments dominated the Wheeling, WV-OH metro housing market in the week ending Nov. 7, 2025, with 43.9% of active listings reducing their asking prices. The market absorbed 30 homes during the same period, demonstrating buyer responsiveness when pricing aligns with expectations. The WheelingWeirtonSteubenville, WV-OH metro area maintained 355 single-family homes in active inventory, with sellers finding success through strategic pricing."
"The median list price held at $185,000, representing $118.8 per square foot, substantially below national levels where homes command $432,980 and $212.3 per square foot respectively. Weekly absorption of 30 homes from the 355-unit inventory pool translated to an 8.5% turnover rate, while 25 new listings entered the market. This absorption-to-new-listing ratio kept months of supply at 2.9, slightly above the national figure of 2.5 months."
"Homes moved through the market in a median 63 days, outpacing the national median of 77 days despite the metro's lower price points. The 7.0% relisted rate remained within normal parameters, indicating sellers weren't repeatedly testing the market with unrealistic pricing. The 43.9% price reduction rate reflected active calibration between seller expectations and buyer budgets. While nearly half of listings adjusted downward, no properties increased prices during the week, a clear signal of market direction."
43.9% of active listings reduced asking prices in the week ending Nov. 7, 2025. The market absorbed 30 homes from an active inventory of 355 single-family listings. The median list price remained $185,000, or $118.8 per square foot, well below national medians of $432,980 and $212.3 per square foot. Weekly turnover equaled an 8.5% absorption rate while 25 new listings entered, producing 2.9 months of supply. Homes sold in a median 63 days versus 77 days nationally. The relisted rate was 7.0% and no properties increased prices during the week.
Read at www.housingwire.com
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