Cedar Grove, WV25039

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$87,000
4.4% YoY Growth
Median Household Income
$57,500
27.3% 5-Year Growth
Days on Market
28
74.0% Shorter than last year
Home Price Forecast
2.1%
Median 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

Property Listings — Cedar Grove, WV

As of Aug '25 and according to Realtor.com, the median days on market for a home in Cedar Grove, WV is 28. This is an decrease of -74.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$165,00096.0%
Listing Count
1N/A
Listings as % of Homes0.3%N/A
Days on Market
28-74.0%
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Demographics — Cedar Grove, WV

MetricLatest CensusYoY % Change
Population
684-3.8%
% Under 18
14.9%44.7%
% Under 5N/AN/A
% Seniors
33.5%40.2%
% WFH
2.1%∞%
% w/ College Degree
4.6%-54.0%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
98.1%-1.3%
% Black
0.0%-100.0%
% Hispanic
0.0%-100.0%
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Cedar Grove, WV

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Cedar Grove, WV in that year was NA. NA of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was NA. Of those, NA were >90% loan to value. This is considered unknown, suggesting that mortgage risk is unknown in Cedar Grove, WV. Investor activity in Cedar Grove, WV is unknown, as NA of all loans are originated by investors. In 2023, NA of all loans were cash-out refinances, suggesting unknown homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
N/AN/AN/A
% Conventional Loans
N/AN/AN/A
% Government Loans
N/AN/AN/A
% Investor Loans
N/AN/AN/A
% Second Loans
N/AN/AN/A
% Cash Out Refinance
N/AN/AN/A
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Rentals and Section 8 — Cedar Grove, WV

As of 2024, the percent of homes in Cedar Grove, WV under the Section 8 program is 25.0%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
6
Total Units Section 8
6
% Rentals under Section 8
25.0%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$810
2 BedroomN/AN/A$1,000
3 BedroomN/AN/A$1,290
4 BedroomN/AN/A$1,330

Affordability — Cedar Grove, WV

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio1.4N/AN/A
Median Home Price$87,000N/AN/A
Median Household Income$57,500N/AN/A

Cedar Grove, WV — ZIP Code Boundary Map

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