Kermit, WV—25674
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kermit, WV
Kermit, WV lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $85,000 | -12.0% |
| Single Family | $85,000 | -12.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $66,000 | -8.3% |
3 Bed | $98,000 | -10.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kermit, WV
Kermit, 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 — Kermit, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Kermit, WV is 37. This is a decrease of -66.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $265,000 | 124.0% |
Listing Count | 1 | 50.0% |
| Listings as % of Homes | N/A | 50.0% |
Days on Market | 37 | -66.0% |
Demographics — Kermit, WV
As of the latest ACS Survey released in 2023, Kermit, WV has a population of 2,060, which has decreased by -23.5% over the past 5 years. Kermit, WV is a popular place for families, as children make up 28.1% of the population. The area has a poorly educated workforce, with 5.3% 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 | 2,060 | -23.5% |
% Under 18 | 28.1% | 48.7% |
% Seniors | 21.9% | 9.5% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 5.3% | -35.4% |
Kermit, WV lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 100.0% | 0.1% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Kermit, WV
According to HUD data as of 2023, there were 25 mortgage originations in Kermit, WV, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Kermit, WV. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 25 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Kermit, WV
Kermit, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 56 |
Total Units Section 8 | 56 |
% Rentals under Section 8 | 23.5% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,150 |
| 4 Bedroom | N/A | N/A | $1,440 |
Affordability — Kermit, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $85,000 |
| Median Household Income | $31,100 |