Paw Paw, WV—25434
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Paw Paw, WV
As of Oct '25, the median home price in Paw Paw, WV is $221,000, with a year-over-year change of 1.2%. This indicates that home prices in Paw Paw, WV are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $221,000 | 1.2% |
| Single Family | $225,000 | 0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $150,000 | 1.4% |
2 Bed | $222,000 | 1.8% |
3 Bed | $274,000 | 1.5% |
4 Bed | $268,000 | 1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Paw Paw, WV
Paw Paw, WV lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Paw Paw, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Paw Paw, WV is 53. This is a decrease of -7.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $321,000 | 10.0% |
Listing Count | 21 | 95.0% |
| Listings as % of Homes | 0.5% | 95.0% |
Days on Market | 53 | -7.0% |
Demographics — Paw Paw, WV
As of the latest ACS Survey released in 2023, Paw Paw, WV has a population of 3,090, which has increased by 14.5% over the past 5 years. Paw Paw, WV is a moderately popular place for families, as children make up 18.8% of the population. The area has a poorly educated workforce, with 8.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,090 | 14.5% |
% Under 18 | 18.8% | 13.3% |
% Seniors | 11.2% | -39.5% |
% WFH | 11.3% | 135.4% |
% w/ College Degree | 8.5% | -17.5% |
As of the latest ACS Survey released in 2023, Paw Paw, WV is a predominantly white area, with 86.0% of the population identifying as white. The white population has shrunk by 10.7% in the last 5 years. The second most common race or ethnicity in Paw Paw, WV is hispanic, making up 6.3% of the population. Foreign-born residents account for 0.9% of the population in Paw Paw, WV, and this percentage has increased by 800.0% 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 | 86.0% | -10.7% |
% Black | 1.4% | 7.7% |
% Hispanic | 6.3% | 950.0% |
% Asian | 0.5% | 66.7% |
% Foreign Born | 0.9% | 800.0% |
Mortgage and Risk — Paw Paw, WV
According to HUD data as of 2023, there were 45 mortgage originations in Paw Paw, WV, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Paw Paw, WV. Investor activity is low, as 2.0% 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 | 45 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 2.0% |
% Second Loans | 18.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Paw Paw, WV
Paw Paw, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 5.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,000 |
| 2 Bedroom | N/A | N/A | $1,260 |
| 3 Bedroom | N/A | N/A | $1,570 |
| 4 Bedroom | N/A | N/A | $2,120 |
Affordability — Paw Paw, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $221,000 |
| Median Household Income | $61,400 |