The immediate pick is unquestionably 'The Cheerleaders' by Kara Thomas. A lot of folks suggest it for this prompt, and for good reason—the central mystery hinges on a figure in a ghostface mask terrorizing a town, and the reveal of who’s behind it fits the bill. It’s not a supernatural haunting; it’s a very human, calculating antagonist using that specific imagery. The book leans into slasher-movie vibes while keeping the threat grounded, which I think makes the antagonist feel more immediate and chilling. You get the iconography without the paranormal element, which changes the flavor of the fear from something otherworldly to something that could be walking right past you.
That said, if we’re stretching the definition of ‘ghostface’ beyond the literal mask, Hailey Piper’s 'Queen of Teeth' features a monstrous, body-horror antagonist that is very much a spectral, haunting female presence. It’s less ‘scream’ and more ‘cosmic dread,’ but the oppressive, predatory force at the center is female and operates with a ghostly, pervasive menace. It’s a different kind of haunting, one that gets under your skin in a more visceral, biological way. The fear isn’t from a knife; it’s from transformation from within, which can be just as terrifying.