Lesage, WV—25537
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lesage, WV
As of Oct '25, the median home price in Lesage, WV is $150,000, with a year-over-year change of 0.5%. This indicates that home prices in Lesage, WV are flat. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $150,000 | 0.5% |
| Single Family | $150,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $114,000 | -3.4% |
3 Bed | $162,000 | 0.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lesage, WV
Lesage, 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 — Lesage, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Lesage, WV is 86. This is a increase of 4.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $219,000 | 16.0% |
Listing Count | 6 | 33.0% |
| Listings as % of Homes | N/A | 33.0% |
Days on Market | 86 | 4.0% |
Demographics — Lesage, WV
As of the latest ACS Survey released in 2023, Lesage, WV has a population of 1,550, which has increased by 17.7% over the past 5 years. Lesage, WV is a moderately popular place for families, as children make up 20.0% of the population. The area has a poorly educated workforce, with 14.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,550 | 17.7% |
% Under 18 | 20.0% | 112.8% |
% Seniors | 14.9% | -66.9% |
% WFH | 4.6% | 206.7% |
% w/ College Degree | 14.2% | 63.2% |
Lesage, WV lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.7% | -4.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.7% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Lesage, WV
According to HUD data as of 2023, there were 23 mortgage originations in Lesage, WV, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Lesage, WV. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 23 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 0.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Lesage, WV
Lesage, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Lesage, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $150,000 |
| Median Household Income | $62,300 |