Charleston, WV 25301 Real Estate Market Report

ZIP Code: 25301
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Charleston, WV is $173,000, reflecting a stable market environment. Although there has been slight month-over-month price softening, the year-over-year trend remains positive, indicating resilience in the market. The neighborhood has increased up since 2023, suggesting a sustained demand despite current market conditions.

Transaction activity appears moderate, with elevated inventory levels relative to sales, resulting in a median days on market of 246 days. This extended timeframe may indicate a slower sales velocity, which could lead to pricing friction as sellers adjust expectations in response to market dynamics. Overall, the market is characterized as balanced, with robust rental demand evidenced by a median market rent of $1,196.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Charleston WV around 6.57% are 0.82% higher than the average origination rate of 5.75% seen in early 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $173,000 indicates a stable market with positive year-over-year appreciation.

2. With 246 days on market, properties are experiencing slower sales velocity, suggesting potential pricing adjustments may be necessary.

3. The median market rent of $1,196 reflects strong rental demand, supporting overall market stability.

4. Current interest rates at 6.57% are 0.82% higher than the average, which may exert moderate pressure on buyer affordability.

5. The market temperature is currently neutral, indicating balanced conditions between buyers and sellers.

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Notable Properties

The following 6 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.