Valley Grove, WV26059

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$182,000
5.5% YoY Growth
Median Household Income
$69,900
10.2% 5-Year Growth
Days on Market
72
33.0% Longer than last year
Home Price Forecast
-0.7%
Median Rent
$1,220
42.0% YoY Growth
1-Bed Rent
$1,220
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Valley Grove, WV

As of Aug '25 and according to Realtor.com, the median days on market for a home in Valley Grove, WV is 72. This is an increase of 33.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$345,0008.0%
Listing Count
8N/A
Listings as % of Homes0.2%N/A
Days on Market
7233.0%
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Demographics — Valley Grove, WV

MetricLatest CensusYoY % Change
Population
2,8608.3%
% Under 18
18.3%-18.3%
% Under 5N/AN/A
% Seniors
17.7%-31.9%
% WFH
5.0%-20.6%
% w/ College Degree
31.0%17.9%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
97.5%1.4%
% Black
0.7%40.0%
% Hispanic
0.1%-95.2%
% Asian
0.4%∞%
% Foreign Born
0.7%∞%
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Mortgage and Risk — Valley Grove, WV

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Valley Grove, WV in that year was 35. 83.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 64.0%. Of those, 20.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Valley Grove, WV. Investor activity in Valley Grove, WV is low, as 0.0% of all loans are originated by investors. In 2023, 6.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
35N/AN/A
% Conventional Loans
83.0%N/AN/A
% Government Loans
17.0%N/AN/A
% Investor Loans
0.0%N/AN/A
% Second Loans
9.0%N/AN/A
% Cash Out Refinance
6.0%N/AN/A
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Rentals and Section 8 — Valley Grove, WV

As of 2024, the percent of homes in Valley Grove, WV under the Section 8 program is 1.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
3
Total Units Section 8
3
% Rentals under Section 8
1.8%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$250$1,220$970
2 BedroomN/AN/A$1,180
3 BedroomN/AN/A$1,520
4 BedroomN/AN/A$1,710

Affordability — Valley Grove, WV

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.4N/AN/A
Median Home Price$182,000N/AN/A
Median Household Income$69,900N/AN/A

Valley Grove, WV — ZIP Code Boundary Map

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