Amherstdale, WV—25607
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Amherstdale, WV
Amherstdale, WV lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $102,000 | -8.5% |
| Single Family | $102,000 | -8.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $108,000 | -7.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Amherstdale, WV
Amherstdale, 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 — Amherstdale, WV
Amherstdale, WV lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $170,000 | 99.0% |
Listing Count | 0 | -50.0% |
| Listings as % of Homes | N/A | -50.0% |
Days on Market | 87 | -50.0% |
Demographics — Amherstdale, WV
As of the latest ACS Survey released in 2023, Amherstdale, WV has a population of 727, which has decreased by -36.9% over the past 5 years. Amherstdale, WV is a less popular place for families, as children make up 7.6% of the population. The area has a poorly educated workforce, with 3.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 727 | -36.9% |
% Under 18 | 7.6% | -61.8% |
% Seniors | 36.2% | 217.5% |
% WFH | 0.0% | N/A |
% w/ College Degree | 3.0% | -14.3% |
As of the latest ACS Survey released in 2023, Amherstdale, WV is a predominantly white area, with 99.4% of the population identifying as white. The white population has grown by 1.8% in the last 5 years. The second most common race or ethnicity in Amherstdale, WV is hispanic, making up 0.6% of the population. Foreign-born residents account for 1.4% of the population in Amherstdale, WV, and this percentage has increased by Inf% 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 | 99.4% | 1.8% |
% Black | 0.0% | N/A |
% Hispanic | 0.6% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.4% | ∞% |
Mortgage and Risk — Amherstdale, WV
According to HUD data as of 2023, there were 25 mortgage originations in Amherstdale, WV, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 89.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Amherstdale, WV. Investor activity is high, as 16.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 25 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 16.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Rentals and Section 8 — Amherstdale, WV
Amherstdale, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 26 |
Total Units Section 8 | 26 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $850 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Amherstdale, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $102,000 |
| Median Household Income | $25,600 |