Palestine, WV—26160
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Palestine, WV
As of Oct '25, the median home price in Palestine, WV is $120,000, with a year-over-year change of -3.0%. This indicates that home prices in Palestine, WV are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $120,000 | -3.0% |
| Single Family | $120,000 | -4.0% |
| 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 | $156,000 | -1.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Palestine, WV
Palestine, WV lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Palestine, WV
Palestine, 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 | 0.2% | N/A |
Days on Market | N/A | N/A |
Demographics — Palestine, WV
As of the latest ACS Survey released in 2023, Palestine, WV has a population of 1,190, which has increased by 77.4% over the past 5 years. Palestine, WV is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,190 | 77.4% |
% Under 18 | 25.5% | 84.8% |
% Seniors | 15.9% | -31.5% |
% WFH | 23.2% | 134.3% |
% w/ College Degree | 20.2% | 41.3% |
As of the latest ACS Survey released in 2023, Palestine, WV is a predominantly white area, with 90.8% of the population identifying as white. The white population has shrunk by 9.2% in the last 5 years. The second most common race or ethnicity in Palestine, WV is asian, making up 0.7% of the population. Foreign-born residents account for 0.7% of the population in Palestine, WV, and this percentage has increased by Inf% 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 | 90.8% | -9.2% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 0.7% | ∞% |
% Foreign Born | 0.7% | ∞% |
Mortgage and Risk — Palestine, WV
Palestine, WV lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Palestine, WV
Palestine, 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 | $750 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,210 |
Affordability — Palestine, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $120,000 |
| Median Household Income | $61,100 |