Charleston, WV—25306
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 $94,000, with a year-over-year change of 0.4%. This indicates that home prices in Charleston, WV are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $94,000 | 0.4% |
| Single Family | $94,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $77,000 | -3.7% |
3 Bed | $109,000 | 0.9% |
4 Bed | $139,000 | 3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Charleston, WV
As of July '25, Rentcast reports the average rent in Charleston, WV is $882, with a year-over-year rent change of 35.7%. Per bedroom, the median rent as of July '25 in Charleston, WV is 1-bedrooms: $880, 2-bedrooms: $725, 3-bedrooms: $1,200. The most common rental property sizes in Charleston, WV are 2-bedroom and 3-bedroom, accounting for 49.2% and 27.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $725 | $882 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $625 | $880 |
| 2 Bed Rent | $725 | $725 |
| 3 Bed Rent | $1,200 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% 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 46. This is a increase of 46.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $89,600 | -14.0% |
Listing Count | 16 | 84.0% |
| Listings as % of Homes | 0.3% | 84.0% |
Days on Market | 46 | 46.0% |
Demographics — Charleston, WV
As of the latest ACS Survey released in 2023, Charleston, WV has a population of 6,280, which has decreased by -13.3% over the past 5 years. Charleston, WV is a moderately popular place for families, as children make up 15.5% of the population. The area has a moderately educated workforce, with 26.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,280 | -13.3% |
% Under 18 | 15.5% | -30.2% |
% Seniors | 21.0% | 11.1% |
% WFH | 4.4% | 158.8% |
% w/ College Degree | 26.1% | 105.5% |
As of the latest ACS Survey released in 2023, Charleston, WV is a predominantly white area, with 85.8% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Charleston, WV is black, making up 6.6% of the population. Foreign-born residents account for 3.3% of the population in Charleston, WV, and this percentage has increased by 120.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.8% | -2.8% |
% Black | 6.6% | -10.8% |
% Hispanic | 3.4% | 112.5% |
% Asian | 3.2% | 128.6% |
% Foreign Born | 3.3% | 120.0% |
Mortgage and Risk — Charleston, WV
According to HUD data as of 2023, there were 94 mortgage originations in Charleston, WV, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Charleston, WV. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 94 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
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 | 115 |
Total Units Section 8 | 67 |
% Rentals under Section 8 | 7.0% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $545 | $625 | $1,170 |
| 2 Bedroom | $715 | $725 | $1,440 |
| 3 Bedroom | $650 | $1,200 | $1,850 |
| 4 Bedroom | N/A | N/A | $1,910 |
Affordability — Charleston, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.3 |
| Median Home Price | $94,000 |
| Median Household Income | $62,500 |