Hedgesville, WV—25427
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hedgesville, WV
As of Oct '25, the median home price in Hedgesville, WV is $325,000, with a year-over-year change of 3.1%. This indicates that home prices in Hedgesville, WV are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $325,000 | 3.1% |
| Single Family | $325,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $191,000 | 2.1% |
2 Bed | $249,000 | 4.2% |
3 Bed | $332,000 | 3.4% |
4 Bed | $412,000 | 3.5% |
| 5 Bed | $468,000 | 3.1% |
% of Housing Stock
Rental Trends — Hedgesville, WV
As of July '25, Rentcast reports the average rent in Hedgesville, WV is $1,820, with a year-over-year rent change of -3.7%. Per bedroom, the median rent as of July '25 in Hedgesville, WV is 1-bedrooms: $775, 2-bedrooms: $1,890, 3-bedrooms: $1,760, 4-bedrooms: $2,540. The most common rental property sizes in Hedgesville, WV are 3-bedroom and 2-bedroom, accounting for 46.3% and 41.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,820 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $775 | $775 |
| 2 Bed Rent | $1,500 | $1,890 |
| 3 Bed Rent | $1,550 | $1,760 |
| 4 Bed Rent | $2,450 | $2,540 |
% of Rental Stock
Property Listings — Hedgesville, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Hedgesville, WV is 46. This is a increase of 15.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $351,000 | 3.0% |
Listing Count | 130 | -26.0% |
| Listings as % of Homes | 1.4% | -26.0% |
Days on Market | 46 | 15.0% |
Demographics — Hedgesville, WV
As of the latest ACS Survey released in 2023, Hedgesville, WV has a population of 16,400, which has increased by 18.1% over the past 5 years. Hedgesville, WV is a moderately popular place for families, as children make up 21.9% of the population. The area has a poorly educated workforce, with 21.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,400 | 18.1% |
% Under 18 | 21.9% | 10.1% |
% Seniors | 17.4% | -7.4% |
% WFH | 10.8% | 248.4% |
% w/ College Degree | 21.7% | 3.3% |
As of the latest ACS Survey released in 2023, Hedgesville, WV is a predominantly white area, with 93.8% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Hedgesville, WV is hispanic, making up 2.0% of the population. Foreign-born residents account for 1.2% of the population in Hedgesville, WV, and this percentage has decreased by 45.5% 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 | 93.8% | -0.7% |
% Black | 0.9% | -55.0% |
% Hispanic | 2.0% | 100.0% |
% Asian | 0.5% | -28.6% |
% Foreign Born | 1.2% | -45.5% |
Mortgage and Risk — Hedgesville, WV
According to HUD data as of 2023, there were 490 mortgage originations in Hedgesville, WV, of which 67.0% 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 Hedgesville, WV. Investor activity is low, as 4.0% 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 | 490 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 4.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Hedgesville, WV
As of 2024, the percent of homes in Hedgesville, WV under the Section 8 program is 0.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Hedgesville, WV, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $165 | $775 | $940 |
| 2 Bedroom | -$310 | $1,500 | $1,190 |
| 3 Bedroom | $90 | $1,550 | $1,640 |
| 4 Bedroom | -$460 | $2,450 | $1,990 |
Affordability — Hedgesville, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $325,000 |
| Median Household Income | $87,000 |