Hansrote, WV25422

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$254,000
3.3% YoY Growth
Median Household Income
$45,700
33.5% 5-Year Growth
Days on Market
33
52.0% Shorter than last year
Home Price Forecast
1.9%
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 — Hansrote, WV

As of Oct '25, Realtor.com reports that the median days on market for a home in Hansrote, WV is 33. This is a decrease of -52.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$377,00013.0%
Listing Count
3020.0%
Listings as % of Homes1.1%20.0%
Days on Market
33-52.0%
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Demographics — Hansrote, WV

As of the latest ACS Survey released in 2023, Hansrote, WV has a population of 1,720, which has increased by 5.5% over the past 5 years. Hansrote, WV is a moderately popular place for families, as children make up 16.2% of the population. The area has a poorly educated workforce, with 9.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,7205.5%
% Under 18
16.2%43.4%
% Seniors
25.0%25.0%
% WFH
0.0%-100.0%
% w/ College Degree
9.7%-43.9%
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As of the latest ACS Survey released in 2023, Hansrote, WV is a predominantly white area, with 96.6% of the population identifying as white. The white population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in Hansrote, WV is hispanic, making up 2.0% of the population. Foreign-born residents account for 1.3% of the population in Hansrote, WV, and this percentage has decreased by 56.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
96.6%2.0%
% Black
0.0%-100.0%
% Hispanic
2.0%∞%
% Asian
0.0%-100.0%
% Foreign Born
1.3%-56.7%
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Mortgage and Risk — Hansrote, WV

According to HUD data as of 2023, there were 57 mortgage originations in Hansrote, WV, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Hansrote, WV. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
57
% Conventional Loans
74.0%
% Government Loans
26.0%
% Investor Loans
0.0%
% Second Loans
30.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Hansrote, WV

Hansrote, WV lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
11.1%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,000
2 BedroomN/AN/A$1,260
3 BedroomN/AN/A$1,570
4 BedroomN/AN/A$2,120

Affordability — Hansrote, WV

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.7
Median Home Price$254,000
Median Household Income$45,700

Hansrote, WV — ZIP Code Boundary Map

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Frequently Asked Questions