Charleston, WV—25301
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Charleston, WV
As of Oct '25, the median home price in Charleston, WV is $180,000, with a year-over-year change of 1.2%. This indicates that home prices in Charleston, WV are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $180,000 | 1.2% |
| Single Family | $153,000 | -0.6% |
| Condos | $245,000 | 3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $177,000 | 2.3% |
3 Bed | $158,000 | 3.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Charleston, WV
As of July '25, Rentcast reports the average rent in Charleston, WV is $980, with a year-over-year rent change of -12.5%. Per bedroom, the median rent as of July '25 in Charleston, WV is 1-bedrooms: $896, 2-bedrooms: $1,040, 3-bedrooms: $1,000. The most common rental property sizes in Charleston, WV are 1-bedroom and 2-bedroom, accounting for 66.4% and 16.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $980 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $896 |
| 2 Bed Rent | $1,000 | $1,040 |
| 3 Bed Rent | $1,000 | $1,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Charleston, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Charleston, WV is 250. This is a increase of 518.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $195,000 | -5.0% |
Listing Count | 11 | -5.0% |
| Listings as % of Homes | 1.1% | -5.0% |
Days on Market | 250 | 518.0% |
Demographics — Charleston, WV
As of the latest ACS Survey released in 2023, Charleston, WV has a population of 2,450, which has decreased by -4.2% over the past 5 years. Charleston, WV is a less popular place for families, as children make up 9.2% of the population. The area has a moderately educated workforce, with 28.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,450 | -4.2% |
% Under 18 | 9.2% | -17.1% |
% Seniors | 24.9% | 14.2% |
% WFH | 11.8% | 883.3% |
% w/ College Degree | 28.6% | -20.8% |
As of the latest ACS Survey released in 2023, Charleston, WV is a predominantly white area, with 64.0% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Charleston, WV is black, making up 24.4% of the population. Foreign-born residents account for 2.6% of the population in Charleston, WV, and this percentage has decreased by 7.1% 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 | 64.0% | -6.3% |
% Black | 24.4% | 15.1% |
% Hispanic | 2.4% | 14.3% |
% Asian | 0.2% | -89.5% |
% Foreign Born | 2.6% | -7.1% |
Mortgage and Risk — Charleston, WV
According to HUD data as of 2023, there were 6 mortgage originations in Charleston, WV, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Charleston, WV. Investor activity is high, as 17.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 6 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 17.0% |
% Second Loans | 17.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Charleston, WV
Charleston, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 738 |
Total Units Section 8 | 539 |
% Rentals under Section 8 | 44.9% |
% Occupied Section 8 | 94.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$190 | $1,000 | $810 |
| 2 Bedroom | $0 | $1,000 | $1,000 |
| 3 Bedroom | $290 | $1,000 | $1,290 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Charleston, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.8 |
| Median Home Price | $180,000 |
| Median Household Income | $21,100 |