Parkersburg, WV—26104
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Parkersburg, WV
Home Price Trends — Parkersburg, WV
As of Nov '25, the median home price in Parkersburg, WV is $171,000, with a year-over-year change of 3.2%. This indicates that home prices in Parkersburg, WV are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $171,000 | 3.2% |
| Single Family | $171,000 | 3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $124,000 | 5.1% |
3 Bed | $177,000 | 4.1% |
4 Bed | $270,000 | 4.2% |
| 5 Bed | $319,614 | 3.8% |
% of Housing Stock
Rental Trends — Parkersburg, WV
As of July '25, Rentcast reports the average rent in Parkersburg, WV is $1,210, with a year-over-year rent change of 7.1%. Per bedroom, the median rent as of July '25 in Parkersburg, WV is 1-bedrooms: $852, 2-bedrooms: $894, 3-bedrooms: $1,500, 4-bedrooms: $1,650. The most common rental property sizes in Parkersburg, WV are 2-bedroom and 1-bedroom, accounting for 41.0% and 30.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,210 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $845 | $852 |
| 2 Bed Rent | $825 | $894 |
| 3 Bed Rent | $1,440 | $1,500 |
| 4 Bed Rent | $1,600 | $1,650 |
% of Rental Stock
Property Listings — Parkersburg, WV
As of Nov '25, Realtor.com reports that the median days on market for a home in Parkersburg, WV is 73. This is a increase of 7.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $190,000 | -11.0% |
Listing Count | 49 | 6.0% |
| Listings as % of Homes | 0.6% | 6.0% |
Days on Market | 73 | 7.0% |
Demographics — Parkersburg, WV
As of the latest ACS Survey released in 2023, Parkersburg, WV has a population of 16,700, which has increased by 4.7% over the past 5 years. Parkersburg, WV is a moderately popular place for families, as children make up 21.2% of the population. The area has a moderately educated workforce, with 25.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,700 | 4.7% |
% Under 18 | 21.2% | 8.7% |
% Seniors | 22.6% | 6.1% |
% WFH | 7.4% | 196.0% |
% w/ College Degree | 25.5% | 0.4% |
As of the latest ACS Survey released in 2023, Parkersburg, WV is a predominantly white area, with 93.4% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Parkersburg, WV is black, making up 1.4% of the population. Foreign-born residents account for 1.5% of the population in Parkersburg, WV, and this percentage has increased by 66.7% 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 | 93.4% | -2.8% |
% Black | 1.4% | 100.0% |
% Hispanic | 1.3% | 160.0% |
% Asian | 0.8% | 14.3% |
% Foreign Born | 1.5% | 66.7% |
Mortgage and Risk — Parkersburg, WV
According to HUD data as of 2023, there were 303 mortgage originations in Parkersburg, WV, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Parkersburg, WV. Investor activity is low, as 7.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 303 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Rentals and Section 8 — Parkersburg, WV
As of 2024, the percent of homes in Parkersburg, WV under the Section 8 program is 25.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Parkersburg, WV, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 549 |
Total Units Section 8 | 534 |
% Rentals under Section 8 | 25.5% |
% Occupied Section 8 | 93.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$125 | $845 | $720 |
| 2 Bedroom | $45 | $825 | $870 |
| 3 Bedroom | -$270 | $1,440 | $1,170 |
| 4 Bedroom | -$380 | $1,600 | $1,220 |
Affordability — Parkersburg, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $171,000 |
| Median Household Income | $51,700 |