Charleston, WV—25387
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 $62,000, with a year-over-year change of -2.0%. This indicates that home prices in Charleston, WV are decreasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $62,000 | -2.0% |
| Single Family | $62,000 | -1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $49,000 | -7.5% |
3 Bed | $79,000 | 3.9% |
4 Bed | $107,000 | 9.2% |
| 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 $1,160, with a year-over-year rent change of -42.0%. Per bedroom, the median rent as of July '25 in Charleston, WV is 1-bedrooms: $760, 2-bedrooms: $834, 3-bedrooms: $2,050. The most common rental property sizes in Charleston, WV are 2-bedroom and 3-bedroom, accounting for 45.8% and 34.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $870 | $1,160 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $650 | $760 |
| 2 Bed Rent | $850 | $834 |
| 3 Bed Rent | $1,300 | $2,050 |
| 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 58. This is a increase of 11.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $60,600 | 13.0% |
Listing Count | 21 | 31.0% |
| Listings as % of Homes | 0.5% | 31.0% |
Days on Market | 58 | 11.0% |
Demographics — Charleston, WV
Charleston, WV lacks sufficient demographic data for analysis.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,170 | N/A |
% Under 18 | 21.8% | N/A |
% Seniors | 17.3% | N/A |
% WFH | 10.8% | N/A |
% w/ College Degree | 15.8% | N/A |
Charleston, WV lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.2% | N/A |
% Black | 15.3% | N/A |
% Hispanic | 1.4% | N/A |
% Asian | 0.4% | N/A |
% Foreign Born | 0.7% | N/A |
Mortgage and Risk — Charleston, WV
According to HUD data as of 2023, there were 29 mortgage originations in Charleston, WV, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Charleston, WV. Investor activity is low, as 7.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 29 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
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 | 558 |
Total Units Section 8 | 305 |
% Rentals under Section 8 | 45.1% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $260 | $650 | $910 |
| 2 Bedroom | $270 | $850 | $1,120 |
| 3 Bedroom | $140 | $1,300 | $1,440 |
| 4 Bedroom | N/A | N/A | $1,480 |
Affordability — Charleston, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.4 |
| Median Home Price | $62,000 |
| Median Household Income | $41,600 |