Charleston, WV 25304 Real Estate Market Report

ZIP Code: 25304
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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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 the 25304 area average 6.4%, reflecting a stable market environment for property owners compared to earlier 2026 benchmarks.

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 neighborhood's primary indicator, median sold price, is $251,500, which signals the representative recent sale level and underpins local valuation; upward pressure on prices is consistent with the reported price year-over-year trend of up.

2. Observed selling velocity appears slow given a median days on market of 332, which suggests longer time-to-close and moderate pricing friction rather than rapid turnover in this ZIP code under a neutral market temperature.

3. There is a noticeable gap between the $265,000 median listing price and the $251,500 median sold price, which may indicate seller expectations exceeding recent transaction levels and suggests pricing negotiation dynamics during offers and closings.

4. Rental and financing context supports investor and owner economics: median market rent is $875 and rent year-over-year trend is up, while interest rate pressure is described as moderate with local 30-year fixed rates around 6.4%, which together imply cautious but viable buy-to-rent considerations.

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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.