New Cumberland, WV—26047
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Cumberland, WV
As of Nov '25, the median home price in New Cumberland, WV is $153,000, with a year-over-year change of 2.3%. This indicates that home prices in New Cumberland, WV are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $153,000 | 2.3% |
| Single Family | $153,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $108,000 | -1.8% |
3 Bed | $171,000 | 3.0% |
4 Bed | $208,000 | 3.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Cumberland, WV
As of July '25, Rentcast reports the average rent in New Cumberland, WV is $360, with a year-over-year rent change of -45.3%. Per bedroom, the median rent as of July '25 in New Cumberland, WV is 1-bedrooms: $360. The most common rental property sizes in New Cumberland, WV are 2-bedroom and 3-bedroom, accounting for 49.1% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $360 | $360 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $360 | $360 |
| 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 — New Cumberland, WV
As of Nov '25, Realtor.com reports that the median days on market for a home in New Cumberland, WV is 81. This is a increase of 14.0% 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 | $169,000 | -17.0% |
Listing Count | 23 | 26.0% |
| Listings as % of Homes | 0.9% | 26.0% |
Days on Market | 81 | 14.0% |
Demographics — New Cumberland, WV
As of the latest ACS Survey released in 2023, New Cumberland, WV has a population of 5,400, which has decreased by -13.9% over the past 5 years. New Cumberland, WV is a moderately popular place for families, as children make up 16.8% of the population. The area has a poorly educated workforce, with 17.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,400 | -13.9% |
% Under 18 | 16.8% | -6.1% |
% Seniors | 24.7% | 22.3% |
% WFH | 8.4% | 147.1% |
% w/ College Degree | 17.0% | -0.6% |
As of the latest ACS Survey released in 2023, New Cumberland, WV is a predominantly white area, with 93.3% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in New Cumberland, WV is hispanic, making up 1.6% of the population. Foreign-born residents account for 0.4% of the population in New Cumberland, WV, and this percentage has increased by 300.0% 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 | 93.3% | -5.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.6% | 45.5% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.4% | 300.0% |
Mortgage and Risk — New Cumberland, WV
According to HUD data as of 2023, there were 34 mortgage originations in New Cumberland, WV, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in New Cumberland, WV. Investor activity is low, as 3.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 34 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 3.0% |
Rentals and Section 8 — New Cumberland, WV
New Cumberland, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 131 |
Total Units Section 8 | 131 |
% Rentals under Section 8 | 24.5% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $360 | $700 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — New Cumberland, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $153,000 |
| Median Household Income | $63,400 |