View in Interactive Map

Shepherdstown, WV—25443

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$472,000
3.8% YoY Growth
Household Income
$104,000
9.3% YoY Growth
Days on Market
73
47.0% Longer YoY
Home Price Forecast
0.4%
Median Rent
$1,150
23.4% YoY Growth
1-Bed Rent
$895
5.7% YoY Growth
2-Bed Rent
$1,050
33.1% YoY Growth
3-Bed Rent
$1,600
1.9% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Shepherdstown, WV

As of Dec '25, the median home price in Shepherdstown, WV is $472,000, with a year-over-year change of 3.8%. This indicates that home prices in Shepherdstown, WV are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$472,0003.8%
Single Family $473,0003.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$376,0003.9%
    3 Bed
    		$416,0003.7%
    4 Bed
    		$536,0003.3%
    5 Bed $673,9842.7%
    Loading chart...

    % of Housing Stock

    Studio
    2.4%
    1 Bedroom
    6.9%
    2 Bedrooms
    15.4%
    3 Bedrooms
    42.6%
    4 Bedrooms
    23.6%
    5+ Bedrooms
    9.1%

    Rental Trends — Shepherdstown, WV

    As of July '25, Rentcast reports the average rent in Shepherdstown, WV is $1,470, with a year-over-year rent change of -23.4%. Per bedroom, the median rent as of July '25 in Shepherdstown, WV is 1-bedrooms: $990, 2-bedrooms: $1,050, 3-bedrooms: $1,560, 4-bedrooms: $2,650. The most common rental property sizes in Shepherdstown, WV are 2-bedroom and 1-bedroom, accounting for 42.7% and 22.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,150$1,470
    Studio Rent N/AN/A
    1 Bed Rent $895$990
    2 Bed Rent $1,050$1,050
    3 Bed Rent $1,600$1,560
    4 Bed Rent $2,650$2,650
    Loading chart...

    % of Rental Stock

    Studio
    5.6%
    1 Bedroom
    22.4%
    2 Bedrooms
    42.7%
    3 Bedrooms
    22.0%
    4 Bedrooms
    5.0%
    5+ Bedrooms
    2.3%

    Property Listings — Shepherdstown, WV

    As of Dec '25, Realtor.com reports that the median days on market for a home in Shepherdstown, WV is 55. This is a increase of 47.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$566,0007.0%
    Listing Count
    		4122.0%
    Listings as % of Homes0.9%22.0%
    Days on Market
    		7347.0%
    Loading chart...

    Demographics — Shepherdstown, WV

    As of the latest ACS Survey released in 2023, Shepherdstown, WV has a population of 7,300, which has decreased by -7.8% over the past 5 years. Shepherdstown, WV is a moderately popular place for families, as children make up 18.9% of the population. The area has a highly educated workforce, with 57.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		7,300-7.8%
    % Under 18
    		18.9%10.5%
    % Seniors
    		18.1%2.8%
    % WFH
    		21.1%229.7%
    % w/ College Degree
    		57.6%13.2%
    Loading chart...

    As of the latest ACS Survey released in 2023, Shepherdstown, WV is a predominantly white area, with 85.0% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Shepherdstown, WV is hispanic, making up 5.4% of the population. Foreign-born residents account for 3.0% of the population in Shepherdstown, WV, and this percentage has decreased by 38.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		85.0%-0.4%
    % Black
    		3.8%-43.3%
    % Hispanic
    		5.4%116.0%
    % Asian
    		1.0%-52.4%
    % Foreign Born
    		3.0%-38.8%
    Loading chart...

    Mortgage and Risk — Shepherdstown, WV

    According to HUD data as of 2023, there were 168 mortgage originations in Shepherdstown, WV, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Shepherdstown, WV. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		168
    % Conventional Loans
    		83.0%
    % Government Loans
    		17.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		8.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Shepherdstown, WV

    As of 2024, the percent of homes in Shepherdstown, WV under the Section 8 program is 6.2%. 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 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Shepherdstown, WV, because HUD payments exceed market rent, while 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		28
    Total Units Section 8
    		28
    % Rentals under Section 8
    		6.2%
    % Occupied Section 8
    		90.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$75$895$970
    2 Bedroom$220$1,050$1,270
    3 Bedroom$170$1,600$1,770
    4 Bedroom-$520$2,650$2,130

    Affordability — Shepherdstown, WV

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.9
    Median Home Price$472,000
    Median Household Income$104,000

    Shepherdstown, WV — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Sharpsburg, MD

    21782

    Shenandoah Junction, WV

    25442

    Martinsburg, WV

    25404

    Keedysville, MD

    21756

    Fairplay, MD

    21733

    Frequently Asked Questions