Charles Town, WV—25414
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Charles Town, WV
As of Oct '25, the median home price in Charles Town, WV is $410,000, with a year-over-year change of 3.9%. This indicates that home prices in Charles Town, WV are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $410,000 | 3.9% |
| Single Family | $411,000 | 3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $271,000 | 4.6% |
3 Bed | $354,000 | 3.8% |
4 Bed | $488,000 | 3.2% |
| 5 Bed | $549,000 | 2.2% |
% of Housing Stock
Rental Trends — Charles Town, WV
As of July '25, Rentcast reports the average rent in Charles Town, WV is $1,770, with a year-over-year rent change of -12.8%. Per bedroom, the median rent as of July '25 in Charles Town, WV is studios: $1,330, 1-bedrooms: $1,210, 2-bedrooms: $1,350, 3-bedrooms: $2,000, 4-bedrooms: $2,760. The most common rental property sizes in Charles Town, WV are 1-bedroom and 2-bedroom, accounting for 31.7% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,770 |
| Studio Rent | $1,400 | $1,330 |
| 1 Bed Rent | $1,150 | $1,210 |
| 2 Bed Rent | $1,250 | $1,350 |
| 3 Bed Rent | $2,100 | $2,000 |
| 4 Bed Rent | $2,700 | $2,760 |
% of Rental Stock
Property Listings — Charles Town, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Charles Town, WV is 56. This is a increase of 40.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $428,000 | 6.0% |
Listing Count | 225 | 22.0% |
| Listings as % of Homes | 1.5% | 22.0% |
Days on Market | 56 | 40.0% |
Demographics — Charles Town, WV
As of the latest ACS Survey released in 2023, Charles Town, WV has a population of 20,300, which has increased by 12.4% over the past 5 years. Charles Town, WV is a moderately popular place for families, as children make up 21.1% of the population. The area has a moderately educated workforce, with 36.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,300 | 12.4% |
% Under 18 | 21.1% | -13.2% |
% Seniors | 15.9% | 2.6% |
% WFH | 17.2% | 160.6% |
% w/ College Degree | 36.6% | 10.9% |
As of the latest ACS Survey released in 2023, Charles Town, WV is a predominantly white area, with 78.1% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Charles Town, WV is black, making up 6.9% of the population. Foreign-born residents account for 5.4% of the population in Charles Town, WV, and this percentage has decreased by 26.0% 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 | 78.1% | -2.5% |
% Black | 6.9% | -12.7% |
% Hispanic | 6.8% | -9.3% |
% Asian | 1.5% | -25.0% |
% Foreign Born | 5.4% | -26.0% |
Mortgage and Risk — Charles Town, WV
According to HUD data as of 2023, there were 879 mortgage originations in Charles Town, WV, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Charles Town, WV. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 879 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Charles Town, WV
As of 2024, the percent of homes in Charles Town, WV under the Section 8 program is 5.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Charles Town, WV, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 109 |
Total Units Section 8 | 109 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | 97.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$270 | $1,150 | $880 |
| 2 Bedroom | -$90 | $1,250 | $1,160 |
| 3 Bedroom | -$470 | $2,100 | $1,630 |
| 4 Bedroom | -$750 | $2,700 | $1,950 |
Affordability — Charles Town, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $410,000 |
| Median Household Income | $101,000 |