Ravenswood, WV—26164
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ravenswood, WV
As of Oct '25, the median home price in Ravenswood, WV is $175,000, with a year-over-year change of 6.1%. This indicates that home prices in Ravenswood, WV are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $175,000 | 6.1% |
| Single Family | $175,000 | 6.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $124,000 | 1.6% |
3 Bed | $174,000 | 6.1% |
4 Bed | $234,000 | 6.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ravenswood, WV
As of July '25, Rentcast reports the average rent in Ravenswood, WV is $940, with a year-over-year rent change of -41.2%. Per bedroom, the median rent as of July '25 in Ravenswood, WV is 2-bedrooms: $2,580, 3-bedrooms: $813. The most common rental property sizes in Ravenswood, WV are 3-bedroom and studio, accounting for 58.3% and 12.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $815 | $940 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,580 | $2,580 |
| 3 Bed Rent | $815 | $813 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ravenswood, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Ravenswood, WV is 44. This is a decrease of -20.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $192,000 | -10.0% |
Listing Count | 13 | -30.0% |
| Listings as % of Homes | 0.4% | -30.0% |
Days on Market | 44 | -20.0% |
Demographics — Ravenswood, WV
As of the latest ACS Survey released in 2023, Ravenswood, WV has a population of 7,340, which has decreased by -2.8% over the past 5 years. Ravenswood, WV is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,340 | -2.8% |
% Under 18 | 21.4% | -4.0% |
% Seniors | 20.3% | -7.7% |
% WFH | 14.6% | 175.5% |
% w/ College Degree | 16.8% | -9.7% |
As of the latest ACS Survey released in 2023, Ravenswood, WV is a predominantly white area, with 96.7% of the population identifying as white. The white population has grown by 0.1% in the last 5 years. The second most common race or ethnicity in Ravenswood, WV is hispanic, making up 0.8% of the population. Foreign-born residents account for 2.4% of the population in Ravenswood, WV, and this percentage has increased by 100.0% 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 | 96.7% | 0.1% |
% Black | 0.2% | ∞% |
% Hispanic | 0.8% | 33.3% |
% Asian | 0.2% | 100.0% |
% Foreign Born | 2.4% | 100.0% |
Mortgage and Risk — Ravenswood, WV
According to HUD data as of 2023, there were 57 mortgage originations in Ravenswood, WV, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Ravenswood, WV. Investor activity is low, as 4.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 57 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Ravenswood, WV
Ravenswood, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 348 |
Total Units Section 8 | 348 |
% Rentals under Section 8 | 54.6% |
% Occupied Section 8 | 67.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | -$1,570 | $2,580 | $1,010 |
| 3 Bedroom | $525 | $815 | $1,340 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — Ravenswood, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $175,000 |
| Median Household Income | $48,200 |