Charleston, WV 25312 Real Estate Market Report

ZIP Code: 25312
Report Date: February 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

The median sold price in Charleston, WV is $189,900, reflecting a modest year-over-year appreciation. This indicates a stable market environment, although emerging signs of price softness suggest a potential cooling trend. The market remains active, with properties selling relatively quickly, evidenced by a median days on market of 261 days. However, the current market conditions may indicate a shift as sales are occurring slightly below list prices, which could be a response to elevated inventory levels relative to sales activity.

Despite these dynamics, the rental market is experiencing significant upward pressure, with a median market rent of $1,260. This suggests that while home sales may be softening, demand for rental properties remains strong, potentially attracting investors looking for rental opportunities. Overall, the market temperature is classified as hot, but the elevated interest rate pressure, with current 30-year fixed mortgage rates around 6.16%, may impact buyer affordability and market dynamics moving forward.

---

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.

---

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.

---

Rental Market

---

Property Taxes

---

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.

---

Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates near 6.16% in Charleston WV are slightly higher than the January 2026 average of 5.99% for property owners in this market.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

---

Key Findings

1. The median sold price of $189,900 indicates a stable market, although recent sales are occurring slightly below list prices, suggesting pricing friction.

2. With a median days on market of 261 days, the market is experiencing slower sales velocity, which may indicate caution among buyers.

3. The median market rent has risen to $1,260, reflecting strong demand in the rental sector despite potential cooling in home sales.

4. Current interest rate pressure is elevated, with mortgage rates at 6.16%, which may impact buyer affordability and demand.

5. The market temperature remains hot, but the combination of elevated inventory levels and slower transaction volume could lead to a more balanced market in the near future.

---

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.