Charleston, WV—25314
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 $250,000, 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 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $250,000 | 5.2% |
| Single Family | $258,000 | 4.9% |
| Condos | $162,000 | 7.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $120,000 | 6.2% |
2 Bed | $128,000 | 7.6% |
3 Bed | $216,000 | 5.4% |
4 Bed | $337,000 | 5.0% |
| 5 Bed | $538,000 | 6.1% |
% of Housing Stock
Rental Trends — Charleston, WV
As of July '25, Rentcast reports the average rent in Charleston, WV is $1,050, with a year-over-year rent change of -19.8%. Per bedroom, the median rent as of July '25 in Charleston, WV is 1-bedrooms: $842, 2-bedrooms: $983, 3-bedrooms: $1,350. The most common rental property sizes in Charleston, WV are 2-bedroom and 3-bedroom, accounting for 50.8% and 36.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,050 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $813 | $842 |
| 2 Bed Rent | $1,050 | $983 |
| 3 Bed Rent | $1,200 | $1,350 |
| 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 47. This is a decrease of -17.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $309,000 | -2.0% |
Listing Count | 65 | -2.0% |
| Listings as % of Homes | 0.8% | -2.0% |
Days on Market | 47 | -17.0% |
Demographics — Charleston, WV
As of the latest ACS Survey released in 2023, Charleston, WV has a population of 15,700, which has increased by 14.4% over the past 5 years. Charleston, WV is a moderately popular place for families, as children make up 23.1% of the population. The area has a highly educated workforce, with 61.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,700 | 14.4% |
% Under 18 | 23.1% | 2.7% |
% Seniors | 22.5% | 8.7% |
% WFH | 12.3% | 132.1% |
% w/ College Degree | 61.5% | 2.8% |
As of the latest ACS Survey released in 2023, Charleston, WV is a predominantly white area, with 84.9% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Charleston, WV is asian, making up 5.1% of the population. Foreign-born residents account for 5.1% of the population in Charleston, WV, and this percentage has increased by 27.5% 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 | 84.9% | -7.0% |
% Black | 3.7% | 42.3% |
% Hispanic | 1.9% | 137.5% |
% Asian | 5.1% | 50.0% |
% Foreign Born | 5.1% | 27.5% |
Mortgage and Risk — Charleston, WV
According to HUD data as of 2023, there were 324 mortgage originations in Charleston, WV, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Charleston, WV. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 324 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 11.0% |
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 | 242 |
Total Units Section 8 | 190 |
% Rentals under Section 8 | 15.9% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $187 | $813 | $1,000 |
| 2 Bedroom | $180 | $1,050 | $1,230 |
| 3 Bedroom | $380 | $1,200 | $1,580 |
| 4 Bedroom | N/A | N/A | $1,630 |
Affordability — Charleston, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $250,000 |
| Median Household Income | $86,500 |