Charleston, WV—25304
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 $208,000, with a year-over-year change of 5.2%. This indicates that home prices in Charleston, WV are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $208,000 | 5.2% |
| Single Family | $210,000 | 5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $140,000 | 5.3% |
3 Bed | $216,000 | 5.4% |
4 Bed | $304,000 | 4.1% |
| 5 Bed | $648,000 | 6.8% |
% of Housing Stock
Rental Trends — Charleston, WV
As of July '25, Rentcast reports the average rent in Charleston, WV is $1,230, with a year-over-year rent change of 5.1%. Per bedroom, the median rent as of July '25 in Charleston, WV is 2-bedrooms: $810, 4-bedrooms: $2,500. The most common rental property sizes in Charleston, WV are 2-bedroom and 1-bedroom, accounting for 47.4% and 26.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $1,230 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $850 | $810 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,500 | $2,500 |
% 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 59. This is a decrease of -14.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $267,000 | 1.0% |
Listing Count | 36 | 38.0% |
| Listings as % of Homes | 0.6% | 38.0% |
Days on Market | 59 | -14.0% |
Demographics — Charleston, WV
As of the latest ACS Survey released in 2023, Charleston, WV has a population of 8,480, which has increased by 4.1% over the past 5 years. Charleston, WV is a moderately popular place for families, as children make up 18.7% of the population. The area has a highly educated workforce, with 50.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,480 | 4.1% |
% Under 18 | 18.7% | 31.7% |
% Seniors | 22.7% | -2.6% |
% WFH | 10.8% | 200.0% |
% w/ College Degree | 50.0% | 15.2% |
As of the latest ACS Survey released in 2023, Charleston, WV is a predominantly white area, with 81.5% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Charleston, WV is black, making up 9.8% of the population. Foreign-born residents account for 7.0% of the population in Charleston, WV, and this percentage has decreased by 18.6% 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 | 81.5% | -1.5% |
% Black | 9.8% | -13.3% |
% Hispanic | 2.0% | 81.8% |
% Asian | 3.2% | -15.8% |
% Foreign Born | 7.0% | -18.6% |
Mortgage and Risk — Charleston, WV
According to HUD data as of 2023, there were 145 mortgage originations in Charleston, WV, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Charleston, WV. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 145 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Charleston, WV
Charleston, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 273 |
Total Units Section 8 | 72 |
% Rentals under Section 8 | 6.5% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | $330 | $850 | $1,180 |
| 3 Bedroom | N/A | N/A | $1,520 |
| 4 Bedroom | -$940 | $2,500 | $1,560 |
Affordability — Charleston, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $208,000 |
| Median Household Income | $80,200 |