Pennsboro, WV—26415
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pennsboro, WV
Pennsboro, WV lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $101,000 | -6.7% |
| Single Family | $101,000 | -8.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $80,000 | -13.0% |
3 Bed | $139,000 | -2.8% |
4 Bed | $143,000 | -4.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pennsboro, WV
Pennsboro, 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 — Pennsboro, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Pennsboro, WV is 35. This is a decrease of -24.0% 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 | $58,700 | 16.0% |
Listing Count | 4 | -57.0% |
| Listings as % of Homes | 0.6% | -57.0% |
Days on Market | 35 | -24.0% |
Demographics — Pennsboro, WV
As of the latest ACS Survey released in 2023, Pennsboro, WV has a population of 3,450, which has decreased by -6.9% over the past 5 years. Pennsboro, WV is a less popular place for families, as children make up 12.8% of the population. The area has a poorly educated workforce, with 10.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,450 | -6.9% |
% Under 18 | 12.8% | -19.0% |
% Seniors | 19.4% | 23.6% |
% WFH | 3.9% | 50.0% |
% w/ College Degree | 10.0% | 4.2% |
As of the latest ACS Survey released in 2023, Pennsboro, WV is a predominantly white area, with 94.2% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Pennsboro, WV is black, making up 3.2% of the population. Foreign-born residents account for 0.2% of the population in Pennsboro, WV, and this percentage has decreased by 75.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.2% | -1.5% |
% Black | 3.2% | 23.1% |
% Hispanic | 0.5% | 0.0% |
% Asian | 0.2% | ∞% |
% Foreign Born | 0.2% | -75.0% |
Mortgage and Risk — Pennsboro, WV
According to HUD data as of 2023, there were 31 mortgage originations in Pennsboro, WV, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Pennsboro, WV. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 31 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Pennsboro, WV
Pennsboro, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 16 |
Total Units Section 8 | 16 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,120 |
| 4 Bedroom | N/A | N/A | $1,220 |
Affordability — Pennsboro, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.6 |
| Median Home Price | $101,000 |
| Median Household Income | $61,800 |