Charleston, WV—25311
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 $146,000, with a year-over-year change of 2.4%. This indicates that home prices in Charleston, WV are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $146,000 | 2.4% |
| Single Family | $152,000 | 2.0% |
| Condos | $103,000 | 3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $96,000 | 5.5% |
2 Bed | $100,000 | 2.0% |
3 Bed | $161,000 | 3.9% |
4 Bed | $263,000 | 4.0% |
| 5 Bed | $402,000 | 2.6% |
% of Housing Stock
Rental Trends — Charleston, WV
As of July '25, Rentcast reports the average rent in Charleston, WV is $1,020, with a year-over-year rent change of -7.3%. Per bedroom, the median rent as of July '25 in Charleston, WV is 1-bedrooms: $972, 2-bedrooms: $983, 3-bedrooms: $1,140. The most common rental property sizes in Charleston, WV are 2-bedroom and 3-bedroom, accounting for 41.6% and 24.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $1,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $972 |
| 2 Bed Rent | $850 | $983 |
| 3 Bed Rent | $950 | $1,140 |
| 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 55. This is a decrease of -30.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $137,000 | 0.0% |
Listing Count | 39 | -28.0% |
| Listings as % of Homes | 0.7% | -28.0% |
Days on Market | 55 | -30.0% |
Demographics — Charleston, WV
As of the latest ACS Survey released in 2023, Charleston, WV has a population of 9,610, which has decreased by -9.4% over the past 5 years. Charleston, WV is a moderately popular place for families, as children make up 17.7% of the population. The area has a moderately educated workforce, with 31.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,610 | -9.4% |
% Under 18 | 17.7% | -2.7% |
% Seniors | 20.7% | 30.2% |
% WFH | 5.6% | 47.4% |
% w/ College Degree | 31.9% | 13.9% |
As of the latest ACS Survey released in 2023, Charleston, WV is a predominantly white area, with 82.1% of the population identifying as white. The white population has grown by 8.7% in the last 5 years. The second most common race or ethnicity in Charleston, WV is black, making up 10.2% of the population. Foreign-born residents account for 1.8% of the population in Charleston, WV, and this percentage has decreased by 41.9% 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 | 82.1% | 8.7% |
% Black | 10.2% | -41.4% |
% Hispanic | 0.8% | -60.0% |
% Asian | 0.8% | -42.9% |
% Foreign Born | 1.8% | -41.9% |
Mortgage and Risk — Charleston, WV
According to HUD data as of 2023, there were 110 mortgage originations in Charleston, WV, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Charleston, WV. Investor activity is low, as 4.0% 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 | 110 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 4.0% |
% Second Loans | 4.0% |
% 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 | 706 |
Total Units Section 8 | 474 |
% Rentals under Section 8 | 24.5% |
% Occupied Section 8 | 76.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $700 | $840 |
| 2 Bedroom | $180 | $850 | $1,030 |
| 3 Bedroom | $380 | $950 | $1,330 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Charleston, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $146,000 |
| Median Household Income | $58,000 |