Ridgeley, WV 26753 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Ridgeley, WV—26753

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$203,000

0.9% YoY Growth

Household Income

$76,400

50.0% YoY Growth

Days on Market

171.0% Longer YoY

Home Price Forecast

1.1%

Median Rent

$882

13.0% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$807

26.0% YoY Growth

3-Bed Rent

$1,200

14.7% YoY Growth

Home Price Trends — Ridgeley, WV

As of Dec '25, the median home price in Ridgeley, WV is $203,000, with a year-over-year change of 0.9%. This indicates that home prices in Ridgeley, WV are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$203,000	0.9%
Single Family	$202,000	0.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Ridgeley, WV

As of July '25, Rentcast reports the average rent in Ridgeley, WV is $1,070, with a year-over-year rent change of -13.0%. Per bedroom, the median rent as of July '25 in Ridgeley, WV is 2-bedrooms: $807, 3-bedrooms: $1,160. The most common rental property sizes in Ridgeley, WV are 3-bedroom and 2-bedroom, accounting for 47.4% and 33.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$882	$1,070
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$807	$807
3 Bed Rent	$1,200	$1,160
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

2.1%

1 Bedroom

11.7%

2 Bedrooms

33.0%

3 Bedrooms

47.4%

4 Bedrooms

5.7%

Property Listings — Ridgeley, WV

As of Dec '25, Realtor.com reports that the median days on market for a home in Ridgeley, WV is 56. This is a increase of 252.0% 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	$297,000	2.0%
Listing Count	14	50.0%
Listings as % of Homes	0.4%	50.0%
Days on Market	55	171.0%

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Demographics — Ridgeley, WV

As of the latest ACS Survey released in 2023, Ridgeley, WV has a population of 5,860, which has remained stable by 0.2% over the past 5 years. Ridgeley, WV is a moderately popular place for families, as children make up 19.0% of the population. The area has a moderately educated workforce, with 29.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,860	0.2%
% Under 18	19.0%	-21.5%
% Seniors	22.6%	34.5%
% WFH	6.9%	213.6%
% w/ College Degree	29.4%	59.8%

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As of the latest ACS Survey released in 2023, Ridgeley, WV is a predominantly white area, with 96.6% 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 Ridgeley, WV is hispanic, making up 1.1% of the population. Foreign-born residents account for 1.1% of the population in Ridgeley, WV, and this percentage has decreased by 8.3% 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	96.6%	-1.5%
% Black	0.4%	100.0%
% Hispanic	1.1%	120.0%
% Asian	0.0%	-100.0%
% Foreign Born	1.1%	-8.3%

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Mortgage and Risk — Ridgeley, WV

According to HUD data as of 2023, there were 217 mortgage originations in Ridgeley, WV, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Ridgeley, WV. Investor activity is low, as 0.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	217
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	0.0%
% Second Loans	2.0%
% Cash Out Refinance	25.0%

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Rentals and Section 8 — Ridgeley, WV

Ridgeley, WV lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	27
Total Units Section 8	27
% Rentals under Section 8	7.2%
% Occupied Section 8	99.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$930
2 Bedroom	$353	$807	$1,160
3 Bedroom	$320	$1,200	$1,520
4 Bedroom	N/A	N/A	$1,730

Ridgeley, WV—26753

Key Metrics at a Glance

Home Price Trends — Ridgeley, WV

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ridgeley, WV

% of Rental Stock

Property Listings — Ridgeley, WV

Demographics — Ridgeley, WV

Race and Ethnicity

Mortgage and Risk — Ridgeley, WV

Mortgages

Rentals and Section 8 — Ridgeley, WV

Section 8 Market Size

Section 8 Opportunity

Affordability — Ridgeley, WV

Home Price to Income Ratio

Ridgeley, WV — ZIP Code Boundary Map

Nearby ZIP Codes

Wiley Ford, WV

Cumberland, MD

Fort Ashby, WV

Corriganville

Green Spring, WV

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.4
Median Home Price	$203,000
Median Household Income	$76,400

Ridgeley, WV—26753

Key Metrics at a Glance

Home Price Trends — Ridgeley, WV

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ridgeley, WV

% of Rental Stock

Property Listings — Ridgeley, WV

Demographics — Ridgeley, WV

Race and Ethnicity

Mortgage and Risk — Ridgeley, WV

Mortgages

Rentals and Section 8 — Ridgeley, WV

Section 8 Market Size

Section 8 Opportunity

Affordability — Ridgeley, WV

Home Price to Income Ratio

Ridgeley, WV — ZIP Code Boundary Map

Nearby ZIP Codes

Wiley Ford, WV

Cumberland, MD

Fort Ashby, WV

Corriganville

Green Spring, WV

Frequently Asked Questions

What is the average home price in Ridgeley, WV 26753?

How have home prices in Ridgeley, WV 26753 changed over the past year?

What is the home price projection for Ridgeley, WV 26753?

What are the demographics of Ridgeley, WV 26753?

How long does it take homes to sell in Ridgeley, WV 26753?

What is the average rent price in Ridgeley, WV 26753?