Flat Top, WV25841

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$207,000
1.6% YoY Growth
Median Household Income
$59,800
73.2% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
-0.1%
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 — Flat Top, WV

Flat Top, WV lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of HomesN/AN/A
Days on Market
N/AN/A
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Demographics — Flat Top, WV

As of the latest ACS Survey released in 2023, Flat Top, WV has a population of 555, which has increased by 25.6% over the past 5 years. Flat Top, WV is a popular place for families, as children make up 43.2% of the population. The area has a poorly educated workforce, with 23.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
55525.6%
% Under 18
43.2%14.9%
% Seniors
10.5%19.3%
% WFH
4.2%∞%
% w/ College Degree
23.6%-24.4%
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Flat Top, WV lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
100.0%0.0%
% Black
0.0%N/A
% Hispanic
0.0%N/A
% Asian
0.0%N/A
% Foreign Born
0.0%N/A
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Mortgage and Risk — Flat Top, WV

According to HUD data as of 2023, there were 30 mortgage originations in Flat Top, WV, of which 70.0% 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 Flat Top, WV. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
30
% Conventional Loans
70.0%
% Government Loans
30.0%
% Investor Loans
0.0%
% Second Loans
10.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Flat Top, WV

Flat Top, 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
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$680
2 BedroomN/AN/A$850
3 BedroomN/AN/A$1,180
4 BedroomN/AN/A$1,290

Affordability — Flat Top, WV

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3
Median Home Price$207,000
Median Household Income$59,800

Flat Top, WV — ZIP Code Boundary Map

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Frequently Asked Questions