Marmet, WV25315

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$91,000
3.0% YoY Growth
Median Household Income
$50,100
30.8% 5-Year Growth
Days on Market
58
9.0% Longer than last year
Home Price Forecast
-0.7%
Median Rent
$550
N/A
1-Bed Rent
$550
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Marmet, WV

As of Oct '25, Realtor.com reports that the median days on market for a home in Marmet, WV is 58. This is a increase of 9.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$102,00058.0%
Listing Count
717.0%
Listings as % of Homes0.4%17.0%
Days on Market
589.0%
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Demographics — Marmet, WV

As of the latest ACS Survey released in 2023, Marmet, WV has a population of 3,230, which has decreased by -5.9% over the past 5 years. Marmet, WV is a moderately popular place for families, as children make up 17.6% of the population. The area has a poorly educated workforce, with 15.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
3,230-5.9%
% Under 18
17.6%-14.6%
% Seniors
23.4%-4.5%
% WFH
3.7%60.9%
% w/ College Degree
15.7%51.0%
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As of the latest ACS Survey released in 2023, Marmet, WV is a predominantly white area, with 92.7% of the population identifying as white. The white population has grown by 2.7% in the last 5 years. The second most common race or ethnicity in Marmet, WV is black, making up 1.9% of the population. Foreign-born residents account for 0.2% of the population in Marmet, WV, and this percentage has decreased by 75.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
92.7%2.7%
% Black
1.9%-57.8%
% Hispanic
0.4%-76.5%
% Asian
0.2%∞%
% Foreign Born
0.2%-75.0%
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Mortgage and Risk — Marmet, WV

According to HUD data as of 2023, there were 57 mortgage originations in Marmet, WV, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Marmet, WV. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
57
% Conventional Loans
70.0%
% Government Loans
30.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Marmet, WV

Marmet, WV lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
48
Total Units Section 8
48
% Rentals under Section 8
12.7%
% Occupied Section 8
91.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$250$550$800
2 BedroomN/AN/A$990
3 BedroomN/AN/A$1,270
4 BedroomN/AN/A$1,310

Affordability — Marmet, WV

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.6
Median Home Price$91,000
Median Household Income$50,100

Marmet, WV — ZIP Code Boundary Map

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Frequently Asked Questions