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Ravenswood, WV—26164

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$177,000
5.7% YoY Growth
Household Income
$48,200
37.9% YoY Growth
Days on Market
85
37.0% Shorter YoY
Home Price Forecast
1.4%
Median Rent
$815
41.2% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$2,580
61.3% YoY Growth
3-Bed Rent
$815
N/A

Other Zip Codes in Ravenswood, WV

26169252752526226133
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Ravenswood, WV

As of Dec '25, the median home price in Ravenswood, WV is $177,000, with a year-over-year change of 5.7%. This indicates that home prices in Ravenswood, WV are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$177,0005.7%
Single Family $177,0004.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $125,0000.8%
    3 Bed
    $176,0004.8%
    4 Bed
    $235,0005.4%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    4.1%
    1 Bedroom
    3.9%
    2 Bedrooms
    14.5%
    3 Bedrooms
    58.0%
    4 Bedrooms
    17.4%
    5+ Bedrooms
    2.1%

    Rental Trends — Ravenswood, WV

    As of July '25, Rentcast reports the average rent in Ravenswood, WV is $940, with a year-over-year rent change of -41.2%. Per bedroom, the median rent as of July '25 in Ravenswood, WV is 2-bedrooms: $2,580, 3-bedrooms: $813. The most common rental property sizes in Ravenswood, WV are 3-bedroom and studio, accounting for 58.3% and 12.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$815$940
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $2,580$2,580
    3 Bed Rent $815$813
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    12.6%
    1 Bedroom
    9.9%
    2 Bedrooms
    6.1%
    3 Bedrooms
    58.3%
    4 Bedrooms
    8.7%
    5+ Bedrooms
    4.5%

    Property Listings — Ravenswood, WV

    As of Dec '25, Realtor.com reports that the median days on market for a home in Ravenswood, WV is 49. This is a decrease of -32.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $238,000-5.0%
    Listing Count
    11-27.0%
    Listings as % of Homes0.4%-27.0%
    Days on Market
    85-37.0%
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    Demographics — Ravenswood, WV

    As of the latest ACS Survey released in 2023, Ravenswood, WV has a population of 7,340, which has decreased by -2.8% over the past 5 years. Ravenswood, WV is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    7,340-2.8%
    % Under 18
    21.4%-4.0%
    % Seniors
    20.3%-7.7%
    % WFH
    14.6%175.5%
    % w/ College Degree
    16.8%-9.7%
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    As of the latest ACS Survey released in 2023, Ravenswood, WV is a predominantly white area, with 96.7% of the population identifying as white. The white population has grown by 0.1% in the last 5 years. The second most common race or ethnicity in Ravenswood, WV is hispanic, making up 0.8% of the population. Foreign-born residents account for 2.4% of the population in Ravenswood, WV, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    96.7%0.1%
    % Black
    0.2%∞%
    % Hispanic
    0.8%33.3%
    % Asian
    0.2%100.0%
    % Foreign Born
    2.4%100.0%
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    Mortgage and Risk — Ravenswood, WV

    According to HUD data as of 2023, there were 57 mortgage originations in Ravenswood, WV, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Ravenswood, WV. Investor activity is low, as 4.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    57
    % Conventional Loans
    63.0%
    % Government Loans
    37.0%
    % Investor Loans
    4.0%
    % Second Loans
    2.0%
    % Cash Out Refinance
    5.0%
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    Rentals and Section 8 — Ravenswood, WV

    Ravenswood, WV lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    348
    Total Units Section 8
    348
    % Rentals under Section 8
    54.6%
    % Occupied Section 8
    67.8%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$830
    2 Bedroom-$1,570$2,580$1,010
    3 Bedroom$525$815$1,340
    4 BedroomN/AN/A$1,380

    Affordability — Ravenswood, WV

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.1
    Median Home Price$177,000
    Median Household Income$48,200

    Ravenswood, WV — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Ravenswood, WV

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    Frequently Asked Questions