New Martinsville, WV 26155 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

New Martinsville, WV—26155

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$136,000

4.1% YoY Growth

Household Income

$54,700

27.5% YoY Growth

Days on Market

46

29.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$750

16.3% YoY Growth

1-Bed Rent

$800

57.1% YoY Growth

2-Bed Rent

$650

7.9% YoY Growth

3-Bed Rent

$700

24.3% YoY Growth

Home Price Trends — New Martinsville, WV

New Martinsville, WV lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$136,000	-4.1%
Single Family	$136,000	-4.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — New Martinsville, WV

As of July '25, Rentcast reports the average rent in New Martinsville, WV is $862, with a year-over-year rent change of -16.3%. Per bedroom, the median rent as of July '25 in New Martinsville, WV is 1-bedrooms: $825, 2-bedrooms: $831, 3-bedrooms: $962. The most common rental property sizes in New Martinsville, WV are 1-bedroom and 2-bedroom, accounting for 31.6% and 29.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$750	$862
Studio Rent	N/A	N/A
1 Bed Rent	$800	$825
2 Bed Rent	$650	$831
3 Bed Rent	$700	$962
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

7.9%

1 Bedroom

31.6%

2 Bedrooms

29.5%

3 Bedrooms

27.6%

4 Bedrooms

1.0%

5+ Bedrooms

2.4%

Property Listings — New Martinsville, WV

As of Dec '25, Realtor.com reports that the median days on market for a home in New Martinsville, WV is 46. This is a decrease of -28.0% 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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$170,000	-5.0%
Listing Count	25	6.0%
Listings as % of Homes	0.5%	6.0%
Days on Market	46	-29.0%

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Demographics — New Martinsville, WV

As of the latest ACS Survey released in 2023, New Martinsville, WV has a population of 7,720, which has decreased by -1.7% over the past 5 years. New Martinsville, WV is a moderately popular place for families, as children make up 20.5% of the population. The area has a poorly educated workforce, with 17.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,720	-1.7%
% Under 18	20.5%	-7.2%
% Seniors	21.6%	-5.3%
% WFH	2.7%	17.4%
% w/ College Degree	17.0%	15.6%

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As of the latest ACS Survey released in 2023, New Martinsville, WV is a predominantly white area, with 95.2% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in New Martinsville, WV is black, making up 0.7% of the population. Foreign-born residents account for 1.1% of the population in New Martinsville, WV, and this percentage has increased by 175.0% 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	95.2%	-2.1%
% Black	0.7%	∞%
% Hispanic	0.7%	75.0%
% Asian	0.2%	-75.0%
% Foreign Born	1.1%	175.0%

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Mortgage and Risk — New Martinsville, WV

According to HUD data as of 2023, there were 84 mortgage originations in New Martinsville, WV, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in New Martinsville, WV. Investor activity is low, as 0.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	84
% Conventional Loans	71.0%
% Government Loans	29.0%
% Investor Loans	0.0%
% Second Loans	1.0%
% Cash Out Refinance	24.0%

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Rentals and Section 8 — New Martinsville, WV

New Martinsville, WV lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	210
Total Units Section 8	210
% Rentals under Section 8	35.5%
% Occupied Section 8	89.2%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$80	$800	$720
2 Bedroom	$300	$650	$950
3 Bedroom	$450	$700	$1,150
4 Bedroom	N/A	N/A	$1,260

New Martinsville, WV—26155

Key Metrics at a Glance

Home Price Trends — New Martinsville, WV

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — New Martinsville, WV

% of Rental Stock

Property Listings — New Martinsville, WV

Demographics — New Martinsville, WV

Race and Ethnicity

Mortgage and Risk — New Martinsville, WV

Mortgages

Rentals and Section 8 — New Martinsville, WV

Section 8 Market Size

Section 8 Opportunity

Affordability — New Martinsville, WV

Home Price to Income Ratio

New Martinsville, WV — ZIP Code Boundary Map

Nearby ZIP Codes

Proctor, WV

Moundsville, WV

Powhatan Point, OH

Center Point, WV

Smithfield, WV

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.4
Median Home Price	$136,000
Median Household Income	$54,700

New Martinsville, WV—26155

Key Metrics at a Glance

Home Price Trends — New Martinsville, WV

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — New Martinsville, WV

% of Rental Stock

Property Listings — New Martinsville, WV

Demographics — New Martinsville, WV

Race and Ethnicity

Mortgage and Risk — New Martinsville, WV

Mortgages

Rentals and Section 8 — New Martinsville, WV

Section 8 Market Size

Section 8 Opportunity

Affordability — New Martinsville, WV

Home Price to Income Ratio

New Martinsville, WV — ZIP Code Boundary Map

Nearby ZIP Codes

Proctor, WV

Moundsville, WV

Powhatan Point, OH

Center Point, WV

Smithfield, WV

Frequently Asked Questions

What is the average home price in New Martinsville, WV 26155?

How have home prices in New Martinsville, WV 26155 changed over the past year?

What is the home price projection for New Martinsville, WV 26155?

What are the demographics of New Martinsville, WV 26155?

How long does it take homes to sell in New Martinsville, WV 26155?

What is the average rent price in New Martinsville, WV 26155?