Charleston, WV 25312 Real Estate Market Report

ZIP Code: 25312
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 as of February 2026 shows a median sold price of $199,900, reflecting a generally stable market environment. The neighborhood has increased up since 2023, indicating a positive trend in property values. However, the median days on market stands at 255, suggesting a slower sales velocity and potentially elevated inventory levels relative to sales activity. This combination of factors points to a market that is transitioning towards a more balanced state, with buyers gaining more options as inventory rises.

Despite the slower transaction volume, rental demand remains strong, with a median market rent of $1,260, which has also seen an up trend year-over-year. The current interest rate pressure is moderate, with mortgage rates around 6.27%, slightly lower than the previous year's range. This environment may encourage buyer activity, although the elevated days on market suggest that sellers may need to adjust expectations to align with current market dynamics.

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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 at approximately 6.27% are lower than the 6.5% to 7.0% range typical for property loans originated throughout 2025.

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 $199,900 reflects a stable market, with prices trending up since 2023.

2. With a median days on market of 255, the market is experiencing slower sales velocity, indicating potential pricing friction.

3. The median market rent of $1,260 is up, highlighting strong rental demand amidst increasing inventory levels.

4. Moderate interest rate pressure, with current mortgage rates at 6.27%, may support buyer activity in the coming months.

5. Overall, the market temperature is neutral, suggesting a balanced environment with elevated inventory relative to sales.

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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.