West Liberty, WV—26074
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Liberty, WV
West Liberty, WV lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — West Liberty, WV
West Liberty, WV lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $900 | $900 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — West Liberty, WV
West Liberty, WV lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — West Liberty, WV
As of the latest ACS Survey released in 2023, West Liberty, WV has a population of 1,460, which has increased by 17.6% over the past 5 years. West Liberty, WV is a less popular place for families, as children make up 3.7% of the population. The area has a highly educated workforce, with 48.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,460 | 17.6% |
% Under 18 | 3.7% | -33.9% |
% Seniors | 8.1% | 14.1% |
% WFH | 8.9% | 1.1% |
% w/ College Degree | 48.7% | 61.8% |
As of the latest ACS Survey released in 2023, West Liberty, WV is a predominantly white area, with 88.6% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in West Liberty, WV is black, making up 3.8% of the population. Foreign-born residents account for 3.8% of the population in West Liberty, WV, and this percentage has increased by 90.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.6% | -3.5% |
% Black | 3.8% | 31.0% |
% Hispanic | 3.5% | 52.2% |
% Asian | 0.2% | -66.7% |
% Foreign Born | 3.8% | 90.0% |
Mortgage and Risk — West Liberty, WV
According to HUD data as of 2023, there were 24 mortgage originations in West Liberty, WV, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in West Liberty, WV. Investor activity is low, as 4.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 24 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — West Liberty, WV
West Liberty, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,180 |
| 2 Bedroom | $530 | $900 | $1,430 |
| 3 Bedroom | N/A | N/A | $1,840 |
| 4 Bedroom | N/A | N/A | $2,070 |
Affordability — West Liberty, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $51,900 |