Gerrardstown, WV—25420
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gerrardstown, WV
As of Oct '25, the median home price in Gerrardstown, WV is $334,000, with a year-over-year change of 4.6%. This indicates that home prices in Gerrardstown, WV are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $334,000 | 4.6% |
| Single Family | $333,000 | 4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $220,000 | 6.3% |
3 Bed | $337,000 | 4.3% |
4 Bed | $453,000 | 4.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gerrardstown, WV
As of July '25, Rentcast reports the average rent in Gerrardstown, WV is $1,500, with a year-over-year rent change of 13.6%. Per bedroom, the median rent as of July '25 in Gerrardstown, WV is 1-bedrooms: $1,300, 3-bedrooms: $1,600. The most common rental property sizes in Gerrardstown, WV are 2-bedroom and 1-bedroom, accounting for 72.5% and 22.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,300 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,400 | $1,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Gerrardstown, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Gerrardstown, WV is 55. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $462,000 | 4.0% |
Listing Count | 29 | 42.0% |
| Listings as % of Homes | 0.9% | 42.0% |
Days on Market | 55 | 1.0% |
Demographics — Gerrardstown, WV
As of the latest ACS Survey released in 2023, Gerrardstown, WV has a population of 5,090, which has increased by 21.1% over the past 5 years. Gerrardstown, WV is a moderately popular place for families, as children make up 22.7% of the population. The area has a moderately educated workforce, with 40.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,090 | 21.1% |
% Under 18 | 22.7% | -3.0% |
% Seniors | 19.2% | 29.7% |
% WFH | 9.5% | 239.3% |
% w/ College Degree | 40.3% | 85.7% |
As of the latest ACS Survey released in 2023, Gerrardstown, WV is a predominantly white area, with 90.8% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Gerrardstown, WV is hispanic, making up 1.8% of the population. Foreign-born residents account for 1.2% of the population in Gerrardstown, WV, and this percentage has increased by 50.0% 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 | 90.8% | -2.5% |
% Black | 0.9% | 0.0% |
% Hispanic | 1.8% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.2% | 50.0% |
Mortgage and Risk — Gerrardstown, WV
According to HUD data as of 2023, there were 119 mortgage originations in Gerrardstown, WV, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Gerrardstown, WV. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 119 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Gerrardstown, WV
Gerrardstown, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$300 | $1,300 | $1,000 |
| 2 Bedroom | N/A | N/A | $1,260 |
| 3 Bedroom | $350 | $1,400 | $1,750 |
| 4 Bedroom | N/A | N/A | $2,120 |
Affordability — Gerrardstown, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $334,000 |
| Median Household Income | $96,000 |