Ranson, WV—25438
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ranson, WV
As of Oct '25, the median home price in Ranson, WV is $313,000, with a year-over-year change of 4.2%. This indicates that home prices in Ranson, WV are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $313,000 | 4.3% |
| Single Family | $313,000 | 4.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $245,000 | 5.2% |
3 Bed | $308,000 | 4.1% |
4 Bed | $414,000 | 3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ranson, WV
As of July '25, Rentcast reports the average rent in Ranson, WV is $2,010, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Ranson, WV is 1-bedrooms: $1,030, 2-bedrooms: $1,760, 3-bedrooms: $2,120, 4-bedrooms: $2,560. The most common rental property sizes in Ranson, WV are 2-bedroom and 3-bedroom, accounting for 44.5% and 31.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,010 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $1,030 |
| 2 Bed Rent | $1,750 | $1,760 |
| 3 Bed Rent | $2,100 | $2,120 |
| 4 Bed Rent | $2,500 | $2,560 |
% of Rental Stock
Property Listings — Ranson, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Ranson, WV is 35. This is a increase of 22.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $338,000 | -2.0% |
Listing Count | 143 | 74.0% |
| Listings as % of Homes | 1.0% | 74.0% |
Days on Market | 35 | 22.0% |
Demographics — Ranson, WV
As of the latest ACS Survey released in 2023, Ranson, WV has a population of 7,360, which has increased by 9.4% over the past 5 years. Ranson, WV is a moderately popular place for families, as children make up 23.7% 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 6.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,360 | 9.4% |
% Under 18 | 23.7% | 2.6% |
% Seniors | 14.8% | 19.4% |
% WFH | 6.9% | 165.4% |
% w/ College Degree | 15.7% | -17.4% |
As of the latest ACS Survey released in 2023, Ranson, WV is a predominantly white area, with 72.4% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Ranson, WV is hispanic, making up 14.0% of the population. Foreign-born residents account for 7.1% of the population in Ranson, WV, and this percentage has decreased by 10.1% 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 | 72.4% | -5.1% |
% Black | 7.2% | -18.2% |
% Hispanic | 14.0% | 122.2% |
% Asian | 3.1% | 6.9% |
% Foreign Born | 7.1% | -10.1% |
Mortgage and Risk — Ranson, WV
According to HUD data as of 2023, there were 209 mortgage originations in Ranson, WV, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 51.0% above 90% LTV (very high). This implies large mortgage risk in Ranson, WV. Investor activity is low, as 4.0% 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 | 209 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Ranson, WV
As of 2024, the percent of homes in Ranson, WV under the Section 8 program is 14.5%. 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. In Ranson, WV, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 121 |
Total Units Section 8 | 121 |
% Rentals under Section 8 | 14.5% |
% Occupied Section 8 | 83.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $950 | $900 |
| 2 Bedroom | -$570 | $1,750 | $1,180 |
| 3 Bedroom | -$450 | $2,100 | $1,650 |
| 4 Bedroom | -$520 | $2,500 | $1,980 |
Affordability — Ranson, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $313,000 |
| Median Household Income | $82,800 |