The Fizbit

Fizbo Market Record — March 31, 2026 Compared against 182,059 active listings nationwide, 15 in Follansbee, WV, and none in the state of West Virginia, here is where this property stands. This single-family residence at 500 Gilbert Avenue a Colonial style with 3 bedrooms and 2 bathrooms, situated on a 0.1-acre lot with 4,508 square feet of living space. The listing notes new refinished oak floors, new LVP in the kitchen and both baths, new paint throughout, and completely remodeled bathrooms. It also features an enclosed backyard, a corner lot, and a detached two-car garage. Priced at $257,500, this property ranks as one of the most expensive listings in Follansbee, with a 93rd percentile price ranking among city inventory. However, its statewide price ranking is more modest, placing it at the 45th percentile. When compared to the median home price in Follansbee ($159,900), this listing's price is 1.61 times higher, indicating a premium pricing strategy. In terms of specs, this property falls slightly below the city average for bedrooms (0.8x) and bathrooms (0.94x). Its lot size ranks at the 13th percentile in Follansbee, while its year-built ranking is at the 40th percentile, meaning it's relatively older compared to other listings in the area. Notably, this property lacks some common features found in competing listings, such as a garage (62% of listings in this market include one). However, its enclosed backyard and corner lot provide unique selling points that can be highlighted in marketing efforts. The fact that only 7% of city listings are more expensive than this property suggests it may have a strong competitive position in the market. With 15 active listings in Follansbee, the market is moderately dense, but not extremely competitive. The average days on market for homes in Follansbee is 108, indicating that buyers may be taking their time to find the right property. This information can inform pricing strategy and marketing efforts, helping the agent position this listing effectively in a relatively slow-moving market.