Charleston, WV 25304 Real Estate Market Report

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

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Executive Overview

As of March 2026, the real estate market in Charleston, WV is characterized by a median sold price of $250,000, reflecting a stable market environment. The neighborhood has increased 15% since 2023, indicating a positive trend in property values. Despite this appreciation, the market shows signs of slower sales velocity, with a median days on market of 316 days, suggesting that properties are taking longer to sell compared to previous periods.

The current market conditions reveal elevated inventory levels, with median listing prices at $289,900, which may indicate pricing friction as sellers adjust expectations in response to market realities. The overall market temperature is neutral, suggesting balanced conditions where buyers retain some negotiating power against list prices. Additionally, the median market rent has risen to $1,260, highlighting strong rental demand in the area, which could further influence buyer interest in home purchases.

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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 25304 average 6.38% compared to the 2026 origination average of 5.73% based on recent market data.

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 $250,000 reflects a stable market with positive appreciation trends.

2. Properties are experiencing a median days on market of 316, indicating slower sales velocity and potential pricing adjustments.

3. The median listing price of $289,900 suggests pricing friction as sellers navigate market conditions.

4. Market temperature remains neutral, indicating balanced conditions where buyers have some negotiating power.

5. Rental demand is strong, with a median market rent of $1,260, which may attract more buyers into the home purchasing market.

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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.