Charleston, WV 25311 Real Estate Market Report

ZIP Code: 25311
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Charleston, WV market, particularly in the ZIP code 25311, has exhibited a median sold price of $215,000, reflecting a stable market environment. This price point indicates a healthy demand for homes, despite the median days on market stretching to 272 days, which suggests a slower sales velocity. The market appears to be transitioning into a more neutral phase, with elevated inventory levels relative to sales activity, indicating a balance between supply and demand.

While the median listing price stands at $179,500, the gap between listing and sold prices may suggest some pricing friction as sellers adjust expectations to align with buyer sentiment. The overall market temperature is categorized as neutral, indicating that while there is some appreciation in home values, the pace of sales is moderating. Strong rental demand, driven by a positive local economy, continues to exert upward pressure on rents, which are currently at 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 around 5.875% to 6.273% in the Charleston WV 25311 area are notably lower than the 6.87% average seen one year ago, presenting a cost opportunity for refinancing.

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 $215,000 indicates a stable market, reflecting healthy demand despite longer sales cycles.

2. With a median days on market of 272, the market is experiencing slower sales velocity, suggesting potential buyer hesitancy.

3. The median listing price of $179,500 shows a significant gap from sold prices, indicating possible pricing friction for sellers.

4. The market temperature is neutral, suggesting a balanced environment with no clear advantage for buyers or sellers.

5. Rental demand remains strong, with median market rent at $1,196, indicating upward pressure on rental prices.

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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.