Charleston, WV 25304 Real Estate Market Report

ZIP Code: 25304
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The housing market in Charleston, WV is currently characterized by a median sold price of $250,000, reflecting a competitive environment despite recent price adjustments. Notably, the neighborhood has decreased 8% since 2022, indicating a trend of softening prices. This decline suggests that while there is still activity in the market, sellers may need to adjust expectations to align with buyer sentiment and market realities.

Transaction velocity appears to be moderate, with 275 days on market indicating slower sales activity. The current inventory levels are elevated, suggesting excess supply relative to sales activity. This dynamic may create opportunities for buyers, but could also pressure sellers to reconsider their pricing strategies as the market adapts to changing conditions.

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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 for Charleston WV 25304 are around 6.273% compared to recent 2026 averages near 5.500%.

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 listing price of $287,450 indicates a significant gap compared to the median sold price of $250,000, suggesting potential pricing friction in the market.

2. With 275 days on market, the current sales velocity is slower, which may indicate a need for sellers to be more flexible in negotiations.

3. The median market rent of $1,260 reflects strong rental demand, which may support overall housing market stability despite declining sales prices.

4. The market temperature is currently neutral, indicating balanced conditions where neither buyers nor sellers have a distinct advantage.

5. Interest rate pressure is described as moderate, which could influence buyer affordability and overall market dynamics.

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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.