Scott Depot, WV—25560
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Scott Depot, WV
As of Oct '25, the median home price in Scott Depot, WV is $291,000, with a year-over-year change of 4.8%. This indicates that home prices in Scott Depot, WV are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $291,000 | 4.8% |
| Single Family | $291,000 | 4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $198,000 | 4.8% |
3 Bed | $270,000 | 5.1% |
4 Bed | $357,000 | 4.1% |
| 5 Bed | $468,000 | 3.5% |
% of Housing Stock
Rental Trends — Scott Depot, WV
As of July '25, Rentcast reports the average rent in Scott Depot, WV is $1,390, with a year-over-year rent change of -0.7%. Per bedroom, the median rent as of July '25 in Scott Depot, WV is 2-bedrooms: $1,050, 3-bedrooms: $1,640. The most common rental property sizes in Scott Depot, WV are 2-bedroom and 3-bedroom, accounting for 52.9% and 17.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,390 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $900 | $1,050 |
| 3 Bed Rent | $1,500 | $1,640 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Scott Depot, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Scott Depot, WV is 35. This is a decrease of -4.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $336,000 | -8.0% |
Listing Count | 25 | 21.0% |
| Listings as % of Homes | 0.4% | 21.0% |
Days on Market | 35 | -4.0% |
Demographics — Scott Depot, WV
As of the latest ACS Survey released in 2023, Scott Depot, WV has a population of 8,290, which has increased by 3.9% over the past 5 years. Scott Depot, WV is a moderately popular place for families, as children make up 22.1% of the population. The area has a moderately educated workforce, with 41.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,290 | 3.9% |
% Under 18 | 22.1% | 31.5% |
% Seniors | 20.0% | 0.0% |
% WFH | 9.2% | 228.6% |
% w/ College Degree | 41.8% | 33.1% |
As of the latest ACS Survey released in 2023, Scott Depot, WV is a predominantly white area, with 91.4% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Scott Depot, WV is hispanic, making up 3.2% of the population. Foreign-born residents account for 0.6% of the population in Scott Depot, WV, and this percentage has decreased by 76.9% 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 | 91.4% | -0.3% |
% Black | 1.2% | -47.8% |
% Hispanic | 3.2% | 23.1% |
% Asian | 1.1% | -50.0% |
% Foreign Born | 0.6% | -76.9% |
Mortgage and Risk — Scott Depot, WV
According to HUD data as of 2023, there were 118 mortgage originations in Scott Depot, WV, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Scott Depot, WV. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 118 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Scott Depot, WV
Scott Depot, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 51 |
Total Units Section 8 | 51 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 99.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,190 |
| 2 Bedroom | $660 | $900 | $1,560 |
| 3 Bedroom | $640 | $1,500 | $2,140 |
| 4 Bedroom | N/A | N/A | $2,470 |
Affordability — Scott Depot, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $291,000 |
| Median Household Income | $104,000 |