Culloden, WV25510

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$214,000
6.1% YoY Growth
Median Household Income
$78,400
38.1% 5-Year Growth
Days on Market
45
46.0% Longer than last year
Home Price Forecast
0.8%
Median Rent
$850
4.8% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$850
N/A
3-Bed Rent
N/A
N/A

Property Listings — Culloden, WV

As of Aug '25 and according to Realtor.com, the median days on market for a home in Culloden, WV is 45. This is an increase of 46.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 80.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$241,00031.0%
Listing Count
13N/A
Listings as % of Homes0.3%N/A
Days on Market
4546.0%
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Demographics — Culloden, WV

MetricLatest CensusYoY % Change
Population
5,41010.6%
% Under 18
25.2%4.6%
% Under 5N/AN/A
% Seniors
21.8%26.0%
% WFH
7.2%500.0%
% w/ College Degree
32.0%21.7%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.4%-4.6%
% Black
0.3%-40.0%
% Hispanic
0.0%-100.0%
% Asian
1.3%∞%
% Foreign Born
0.7%∞%
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Mortgage and Risk — Culloden, WV

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Culloden, WV in that year was 33. 55.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 81.0%. Of those, 58.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Culloden, WV. Investor activity in Culloden, WV is low, as 3.0% of all loans are originated by investors. In 2023, 21.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
33N/AN/A
% Conventional Loans
55.0%N/AN/A
% Government Loans
45.0%N/AN/A
% Investor Loans
3.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
21.0%N/AN/A
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Rentals and Section 8 — Culloden, WV

As of 2024, the percent of homes in Culloden, WV under the Section 8 program is 2.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
10
Total Units Section 8
10
% Rentals under Section 8
2.8%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$940
2 Bedroom$270$850$1,120
3 BedroomN/AN/A$1,470
4 BedroomN/AN/A$1,710

Affordability — Culloden, WV

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.3N/AN/A
Median Home Price$214,000N/AN/A
Median Household Income$78,400N/AN/A

Culloden, WV — ZIP Code Boundary Map

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