Leon, WV25123

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$165,000
4.3% YoY Growth
Median Household Income
$63,000
63.3% 5-Year Growth
Days on Market
60
18.0% Shorter than last year
Home Price Forecast
1.7%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Leon, WV

As of Oct '25, Realtor.com reports that the median days on market for a home in Leon, WV is 60. This is a decrease of -18.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$174,000-50.0%
Listing Count
871.0%
Listings as % of Homes0.4%71.0%
Days on Market
60-18.0%
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Demographics — Leon, WV

As of the latest ACS Survey released in 2023, Leon, WV has a population of 2,830, which has decreased by -13.1% over the past 5 years. Leon, WV is a moderately popular place for families, as children make up 23.4% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,830-13.1%
% Under 18
23.4%47.2%
% Seniors
16.7%-11.2%
% WFH
6.7%∞%
% w/ College Degree
16.2%21.8%
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Leon, WV lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
99.4%3.6%
% Black
0.6%∞%
% Hispanic
0.0%-100.0%
% Asian
0.0%N/A
% Foreign Born
0.0%N/A
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Mortgage and Risk — Leon, WV

According to HUD data as of 2023, there were 24 mortgage originations in Leon, WV, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Leon, WV. Investor activity is low, as 4.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
24
% Conventional Loans
79.0%
% Government Loans
21.0%
% Investor Loans
4.0%
% Second Loans
0.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Leon, WV

Leon, WV lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$780
2 BedroomN/AN/A$960
3 BedroomN/AN/A$1,330
4 BedroomN/AN/A$1,520

Affordability — Leon, WV

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.2
Median Home Price$165,000
Median Household Income$63,000

Leon, WV — ZIP Code Boundary Map

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Frequently Asked Questions