Fort Gay, WV—25514
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fort Gay, WV
As of Nov '25, the median home price in Fort Gay, WV is $131,000, with a year-over-year change of -1.9%. This indicates that home prices in Fort Gay, WV are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $131,000 | -1.9% |
| Single Family | $131,000 | -2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $91,000 | -7.1% |
3 Bed | $151,000 | 0.0% |
4 Bed | $199,000 | 1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fort Gay, WV
Fort Gay, WV lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fort Gay, WV
As of Nov '25, Realtor.com reports that the median days on market for a home in Fort Gay, WV is 89. This is a increase of 19.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $195,000 | 19.0% |
Listing Count | 7 | 250.0% |
| Listings as % of Homes | 0.1% | 250.0% |
Days on Market | 89 | 19.0% |
Demographics — Fort Gay, WV
As of the latest ACS Survey released in 2023, Fort Gay, WV has a population of 3,840, which has increased by 10.7% over the past 5 years. Fort Gay, WV is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 8.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,840 | 10.7% |
% Under 18 | 24.2% | 4.3% |
% Seniors | 20.0% | 0.0% |
% WFH | 9.3% | 3,000.0% |
% w/ College Degree | 8.1% | 113.2% |
As of the latest ACS Survey released in 2023, Fort Gay, WV is a predominantly white area, with 93.7% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Fort Gay, WV is hispanic, making up 5.7% of the population. Foreign-born residents account for 1.6% of the population in Fort Gay, WV, and this percentage has increased by 1500.0% 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 | 93.7% | -4.9% |
% Black | 0.0% | N/A |
% Hispanic | 5.7% | 714.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.6% | 1,500.0% |
Mortgage and Risk — Fort Gay, WV
According to HUD data as of 2023, there were 28 mortgage originations in Fort Gay, WV, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Fort Gay, WV. Investor activity is low, as 7.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 28 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Rentals and Section 8 — Fort Gay, WV
Fort Gay, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 84 |
Total Units Section 8 | 84 |
% Rentals under Section 8 | 28.0% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $920 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Fort Gay, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $131,000 |
| Median Household Income | $53,200 |