Charleston, WV 25302 Real Estate Market Report

ZIP Code: 25302
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Charleston, WV (ZIP: 25302) is currently characterized by a median sold price of $149,900, reflecting a robust market environment. This price point indicates a strong demand, especially as the market temperature is classified as hot. The neighborhood has experienced an upward trend in prices, contributing to a competitive atmosphere for buyers and sellers alike.

Despite the elevated inventory levels, with a significant number of homes available for sale, the median days on market stands at 307, suggesting that while properties are available, the sales velocity may be slower than desired. This scenario indicates a potential pricing friction where sellers may need to adjust expectations to align with market realities. Overall, the market is buoyed by strong rental demand, with a median market rent of $1,196, further supporting the attractiveness of the area for both buyers and investors.

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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 Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Charleston WV are averaging 6.57% compared to approximately 5.7% in early 2026, representing a 0.8% increase for property owners.

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 $149,900 suggests a competitive market, with prices trending up overall.

2. With a median days on market of 307, properties are experiencing slower sales velocity, indicating a potential need for price adjustments.

3. The median market rent of $1,196 reflects strong rental demand, which may enhance investment opportunities in the area.

4. The market temperature is classified as hot, indicating strong buyer interest despite elevated inventory levels.

5. Current interest rate pressure is considered moderate, which could influence buyer purchasing power moving forward.

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Notable Properties

The following 8 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.