Buckhannon, WV26201

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$161,000
8.1% YoY Growth
Household Income
$51,600
22.9% YoY Growth
Days on Market
60
1.0% Shorter YoY
Home Price Forecast
N/A
Median Rent
$1,000
11.6% YoY Growth
1-Bed Rent
$700
27.5% YoY Growth
2-Bed Rent
$1,250
6.6% YoY Growth
3-Bed Rent
$900
18.4% YoY Growth

Other Zip Codes in Buckhannon, WV

Property Listings — Buckhannon, WV

As of Nov '25, Realtor.com reports that the median days on market for a home in Buckhannon, WV is 60. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$200,00015.0%
Listing Count
57-18.0%
Listings as % of Homes0.4%-18.0%
Days on Market
60-1.0%
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Demographics — Buckhannon, WV

As of the latest ACS Survey released in 2023, Buckhannon, WV has a population of 19,000, which has decreased by -4.4% over the past 5 years. Buckhannon, WV is a moderately popular place for families, as children make up 18.7% of the population. The area has a poorly educated workforce, with 18.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
19,000-4.4%
% Under 18
18.7%0.0%
% Seniors
22.5%17.2%
% WFH
10.3%232.3%
% w/ College Degree
18.5%2.2%
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As of the latest ACS Survey released in 2023, Buckhannon, WV is a predominantly white area, with 90.7% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Buckhannon, WV is black, making up 1.8% of the population. Foreign-born residents account for 0.9% of the population in Buckhannon, WV, and this percentage has increased by 28.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
90.7%-4.9%
% Black
1.8%-18.2%
% Hispanic
1.8%20.0%
% Asian
0.4%300.0%
% Foreign Born
0.9%28.6%
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Mortgage and Risk — Buckhannon, WV

According to HUD data as of 2023, there were 150 mortgage originations in Buckhannon, WV, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Buckhannon, WV. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
150
% Conventional Loans
61.0%
% Government Loans
39.0%
% Investor Loans
0.0%
% Second Loans
2.0%
% Cash Out Refinance
13.0%
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Rentals and Section 8 — Buckhannon, WV

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

Section 8 Market Size

Total Units under HUD
455
Total Units Section 8
371
% Rentals under Section 8
N/A
% Occupied Section 8
99.3%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$10$700$710
2 Bedroom-$320$1,250$930
3 Bedroom$240$900$1,140
4 BedroomN/AN/A$1,520

Affordability — Buckhannon, WV

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.7
Median Home Price$161,000
Median Household Income$51,600

Buckhannon, WV — ZIP Code Boundary Map

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Frequently Asked Questions