Charleston, WV—25313
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 $186,000, with a year-over-year change of 4.2%. This indicates that home prices in Charleston, WV are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $186,000 | 4.2% |
| Single Family | $187,000 | 3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $118,000 | 3.5% |
3 Bed | $185,000 | 4.5% |
4 Bed | $256,000 | 3.2% |
| 5 Bed | $320,000 | 1.6% |
% of Housing Stock
Rental Trends — Charleston, WV
As of July '25, Rentcast reports the average rent in Charleston, WV is $1,040, with a year-over-year rent change of -20.6%. Per bedroom, the median rent as of July '25 in Charleston, WV is 1-bedrooms: $837, 2-bedrooms: $905, 3-bedrooms: $1,100. The most common rental property sizes in Charleston, WV are 2-bedroom and 1-bedroom, accounting for 53.2% and 26.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $925 | $1,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $910 | $837 |
| 2 Bed Rent | $800 | $905 |
| 3 Bed Rent | $999 | $1,100 |
| 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 51. This is a increase of 18.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $159,000 | -20.0% |
Listing Count | 39 | 28.0% |
| Listings as % of Homes | 0.6% | 28.0% |
Days on Market | 51 | 18.0% |
Demographics — Charleston, WV
As of the latest ACS Survey released in 2023, Charleston, WV has a population of 11,900, which has remained stable by 0.4% over the past 5 years. Charleston, WV is a moderately popular place for families, as children make up 18.7% of the population. The area has a moderately educated workforce, with 33.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,900 | 0.4% |
% Under 18 | 18.7% | -11.4% |
% Seniors | 21.7% | 21.9% |
% WFH | 9.6% | 134.1% |
% w/ College Degree | 33.6% | 8.0% |
As of the latest ACS Survey released in 2023, Charleston, WV is a predominantly white area, with 90.1% of the population identifying as white. The white population has grown by 4.4% in the last 5 years. The second most common race or ethnicity in Charleston, WV is black, making up 3.5% of the population. Foreign-born residents account for 3.3% of the population in Charleston, WV, and this percentage has increased by 65.0% 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 | 90.1% | 4.4% |
% Black | 3.5% | -52.7% |
% Hispanic | 2.7% | 35.0% |
% Asian | 1.1% | -21.4% |
% Foreign Born | 3.3% | 65.0% |
Mortgage and Risk — Charleston, WV
According to HUD data as of 2023, there were 226 mortgage originations in Charleston, WV, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Charleston, WV. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 226 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
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 | 210 |
Total Units Section 8 | 186 |
% Rentals under Section 8 | 12.9% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $910 | $860 |
| 2 Bedroom | $260 | $800 | $1,060 |
| 3 Bedroom | $361 | $999 | $1,360 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Charleston, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $186,000 |
| Median Household Income | $63,900 |