Shady Spring, WV25918

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$205,000
1.1% YoY Growth
Median Household Income
$76,800
44.3% 5-Year Growth
Days on Market
43
6.0% Shorter than last year
Home Price Forecast
1.1%
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 — Shady Spring, WV

As of Oct '25, Realtor.com reports that the median days on market for a home in Shady Spring, WV is 43. This is a decrease of -6.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$216,0007.0%
Listing Count
932.0%
Listings as % of Homes0.4%32.0%
Days on Market
43-6.0%
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Demographics — Shady Spring, WV

As of the latest ACS Survey released in 2023, Shady Spring, WV has a population of 4,660, which has increased by 4.0% over the past 5 years. Shady Spring, WV is a moderately popular place for families, as children make up 22.1% of the population. The area has a moderately educated workforce, with 25.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,6604.0%
% Under 18
22.1%14.5%
% Seniors
16.6%-10.3%
% WFH
7.1%73.2%
% w/ College Degree
25.4%9.0%
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As of the latest ACS Survey released in 2023, Shady Spring, WV is a predominantly white area, with 95.6% of the population identifying as white. The white population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in Shady Spring, WV is black, making up 3.8% of the population. Foreign-born residents account for 0.3% of the population in Shady Spring, WV, and this percentage has decreased by 62.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.6%2.0%
% Black
3.8%533.3%
% Hispanic
0.0%-100.0%
% Asian
0.0%N/A
% Foreign Born
0.3%-62.5%
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Mortgage and Risk — Shady Spring, WV

According to HUD data as of 2023, there were 109 mortgage originations in Shady Spring, WV, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Shady Spring, WV. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
109
% Conventional Loans
76.0%
% Government Loans
24.0%
% Investor Loans
0.0%
% Second Loans
4.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — Shady Spring, WV

Shady Spring, WV lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
16
Total Units Section 8
16
% Rentals under Section 8
14.2%
% Occupied Section 8
89.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$720
2 BedroomN/AN/A$940
3 BedroomN/AN/A$1,290
4 BedroomN/AN/A$1,400

Affordability — Shady Spring, WV

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.3
Median Home Price$205,000
Median Household Income$76,800

Shady Spring, WV — ZIP Code Boundary Map

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Frequently Asked Questions