Lester, WV25865

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$149,000
2.4% YoY Growth
Median Household Income
$39,500
15.7% 5-Year Growth
Days on Market
16
87.0% Shorter than last year
Home Price Forecast
0.4%
Median 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

Property Listings — Lester, WV

As of Oct '25, Realtor.com reports that the median days on market for a home in Lester, WV is 16. This is a decrease of -87.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$169,000-9.0%
Listing Count
420.0%
Listings as % of Homes0.2%20.0%
Days on Market
16-87.0%
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Demographics — Lester, WV

As of the latest ACS Survey released in 2023, Lester, WV has a population of 1,430, which has increased by 1.8% over the past 5 years. Lester, WV is a moderately popular place for families, as children make up 18.0% of the population. The area has a poorly educated workforce, with 12.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,4301.8%
% Under 18
18.0%-25.9%
% Seniors
28.3%49.7%
% WFH
22.6%425.6%
% w/ College Degree
12.6%-3.8%
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Lester, WV lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.2%-2.2%
% Black
2.5%25.0%
% Hispanic
0.1%-96.0%
% Asian
0.0%N/A
% Foreign Born
0.0%N/A
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Mortgage and Risk — Lester, WV

According to HUD data as of 2023, there were 56 mortgage originations in Lester, WV, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Lester, WV. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
56
% Conventional Loans
75.0%
% Government Loans
25.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Lester, WV

Lester, WV lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
7
Total Units Section 8
7
% Rentals under Section 8
11.8%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$750
2 BedroomN/AN/A$940
3 BedroomN/AN/A$1,320
4 BedroomN/AN/A$1,520

Affordability — Lester, WV

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$149,000
Median Household Income$39,500

Lester, WV — ZIP Code Boundary Map

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Frequently Asked Questions