Charleston, WV—25302
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Charleston, WV
As of Oct '25, the median home price in Charleston, WV is $110,000, with a year-over-year change of -2.8%. This indicates that home prices in Charleston, WV are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $110,000 | -2.8% |
| Single Family | $110,000 | -1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $54,000 | -10.0% |
2 Bed | $71,000 | -9.0% |
3 Bed | $131,000 | 0.8% |
4 Bed | $174,000 | 3.0% |
| 5 Bed | $239,000 | 2.1% |
% of Housing Stock
Rental Trends — Charleston, WV
As of July '25, Rentcast reports the average rent in Charleston, WV is $865, with a year-over-year rent change of -13.2%. Per bedroom, the median rent as of July '25 in Charleston, WV is studios: $695, 1-bedrooms: $617, 2-bedrooms: $816, 3-bedrooms: $1,000, 4-bedrooms: $1,500. The most common rental property sizes in Charleston, WV are 2-bedroom and 1-bedroom, accounting for 37.0% and 30.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $775 | $865 |
| Studio Rent | $695 | $695 |
| 1 Bed Rent | $600 | $617 |
| 2 Bed Rent | $775 | $816 |
| 3 Bed Rent | $1,000 | $1,000 |
| 4 Bed Rent | $1,200 | $1,500 |
% of Rental Stock
Property Listings — Charleston, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Charleston, WV is 45. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $128,000 | -1.0% |
Listing Count | 70 | 29.0% |
| Listings as % of Homes | 0.6% | 29.0% |
Days on Market | 45 | -1.0% |
Demographics — Charleston, WV
As of the latest ACS Survey released in 2023, Charleston, WV has a population of 13,300, which has decreased by -6.5% over the past 5 years. Charleston, WV is a less popular place for families, as children make up 14.6% of the population. The area has a moderately educated workforce, with 33.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,300 | -6.5% |
% Under 18 | 14.6% | -22.3% |
% Seniors | 21.3% | 15.8% |
% WFH | 10.5% | 320.0% |
% w/ College Degree | 33.7% | 10.1% |
As of the latest ACS Survey released in 2023, Charleston, WV is a predominantly white area, with 74.8% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in Charleston, WV is black, making up 15.1% of the population. Foreign-born residents account for 1.3% of the population in Charleston, WV, and this percentage has decreased by 23.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.8% | -7.3% |
% Black | 15.1% | 11.9% |
% Hispanic | 2.7% | 285.7% |
% Asian | 1.1% | 37.5% |
% Foreign Born | 1.3% | -23.5% |
Mortgage and Risk — Charleston, WV
According to HUD data as of 2023, there were 180 mortgage originations in Charleston, WV, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Charleston, WV. Investor activity is low, as 6.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 180 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 6.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Charleston, WV
As of 2024, the percent of homes in Charleston, WV under the Section 8 program is 19.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Charleston, WV, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 647 |
Total Units Section 8 | 468 |
% Rentals under Section 8 | 19.5% |
% Occupied Section 8 | 91.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $600 | $820 |
| 2 Bedroom | $235 | $775 | $1,010 |
| 3 Bedroom | $300 | $1,000 | $1,300 |
| 4 Bedroom | $140 | $1,200 | $1,340 |
Affordability — Charleston, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $110,000 |
| Median Household Income | $55,500 |