Parkersburg, WV—26101
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Parkersburg, WV
Home Price Trends — Parkersburg, WV
As of Oct '25, the median home price in Parkersburg, WV is $131,000, with a year-over-year change of 1.4%. This indicates that home prices in Parkersburg, WV are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $131,000 | 1.4% |
| Single Family | $131,000 | 0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $69,000 | -5.5% |
2 Bed | $96,000 | -2.0% |
3 Bed | $146,000 | 2.8% |
4 Bed | $180,000 | 2.3% |
| 5 Bed | $248,000 | 2.1% |
% of Housing Stock
Rental Trends — Parkersburg, WV
As of July '25, Rentcast reports the average rent in Parkersburg, WV is $997, with a year-over-year rent change of -11.0%. Per bedroom, the median rent as of July '25 in Parkersburg, WV is studios: $688, 1-bedrooms: $973, 2-bedrooms: $1,010, 3-bedrooms: $1,080. The most common rental property sizes in Parkersburg, WV are 2-bedroom and 1-bedroom, accounting for 46.4% and 20.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $997 |
| Studio Rent | $625 | $688 |
| 1 Bed Rent | $750 | $973 |
| 2 Bed Rent | $800 | $1,010 |
| 3 Bed Rent | $1,000 | $1,080 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Parkersburg, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Parkersburg, WV is 59. This is a increase of 32.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $166,000 | -1.0% |
Listing Count | 98 | 21.0% |
| Listings as % of Homes | 0.4% | 21.0% |
Days on Market | 59 | 32.0% |
Demographics — Parkersburg, WV
As of the latest ACS Survey released in 2023, Parkersburg, WV has a population of 28,600, which has decreased by -5.3% over the past 5 years. Parkersburg, WV is a moderately popular place for families, as children make up 20.6% of the population. The area has a poorly educated workforce, with 16.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,600 | -5.3% |
% Under 18 | 20.6% | -13.1% |
% Seniors | 18.6% | 8.8% |
% WFH | 8.6% | 290.9% |
% w/ College Degree | 16.1% | 15.8% |
As of the latest ACS Survey released in 2023, Parkersburg, WV is a predominantly white area, with 93.2% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Parkersburg, WV is hispanic, making up 1.6% of the population. Foreign-born residents account for 0.8% of the population in Parkersburg, WV, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.2% | -0.7% |
% Black | 1.2% | -50.0% |
% Hispanic | 1.6% | 100.0% |
% Asian | 0.4% | 33.3% |
% Foreign Born | 0.8% | 0.0% |
Mortgage and Risk — Parkersburg, WV
According to HUD data as of 2023, there were 402 mortgage originations in Parkersburg, WV, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Parkersburg, WV. Investor activity is low, as 7.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 402 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Parkersburg, WV
Parkersburg, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,282 |
Total Units Section 8 | 1,114 |
% Rentals under Section 8 | 27.4% |
% Occupied Section 8 | 93.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $20 | $750 | $770 |
| 2 Bedroom | $130 | $800 | $930 |
| 3 Bedroom | $250 | $1,000 | $1,250 |
| 4 Bedroom | N/A | N/A | $1,300 |
Affordability — Parkersburg, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $131,000 |
| Median Household Income | $45,600 |