Wellsburg, WV26070

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$120,000
0.7% YoY Growth
Median Household Income
$55,700
18.8% 5-Year Growth
Days on Market
54
13.0% Longer than last year
Home Price Forecast
-0.7%
Median Rent
$675
20.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$675
20.0% YoY Growth
3-Bed Rent
N/A
N/A

Property Listings — Wellsburg, WV

As of Oct '25, Realtor.com reports that the median days on market for a home in Wellsburg, WV is 54. This is a increase of 13.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$130,000-32.0%
Listing Count
20-40.0%
Listings as % of Homes0.4%-40.0%
Days on Market
5413.0%
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Demographics — Wellsburg, WV

As of the latest ACS Survey released in 2023, Wellsburg, WV has a population of 7,950, which has decreased by -4.5% over the past 5 years. Wellsburg, WV is a moderately popular place for families, as children make up 18.1% of the population. The area has a poorly educated workforce, with 21.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
7,950-4.5%
% Under 18
18.1%-2.7%
% Seniors
27.5%14.6%
% WFH
4.4%83.3%
% w/ College Degree
21.9%3.8%
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As of the latest ACS Survey released in 2023, Wellsburg, WV is a predominantly white area, with 94.9% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Wellsburg, WV is hispanic, making up 1.0% of the population. Foreign-born residents account for 0.4% of the population in Wellsburg, WV, and this percentage has increased by 33.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.9%-3.9%
% Black
0.3%50.0%
% Hispanic
1.0%100.0%
% Asian
0.3%-25.0%
% Foreign Born
0.4%33.3%
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Mortgage and Risk — Wellsburg, WV

According to HUD data as of 2023, there were 104 mortgage originations in Wellsburg, WV, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Wellsburg, WV. Investor activity is low, as 8.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
104
% Conventional Loans
70.0%
% Government Loans
30.0%
% Investor Loans
8.0%
% Second Loans
1.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Wellsburg, WV

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

Section 8 Market Size

Total Units under HUD
108
Total Units Section 8
108
% Rentals under Section 8
16.6%
% Occupied Section 8
88.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$700
2 Bedroom$205$675$880
3 BedroomN/AN/A$1,190
4 BedroomN/AN/A$1,340

Affordability — Wellsburg, WV

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2
Median Home Price$120,000
Median Household Income$55,700

Wellsburg, WV — ZIP Code Boundary Map

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Frequently Asked Questions