Charleston, WV 25314 Real Estate Market Report

ZIP Code: 25314
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 is currently characterized by a median sold price of $289,450, reflecting a stable market environment. The absence of historical sold price change data limits our ability to assess long-term trends, yet the current pricing indicates a balanced market with moderate transaction activity. The median days on market stands at 282, suggesting a slower sales velocity that may be influenced by elevated interest rate pressure, which is currently impacting buyer engagement and overall market dynamics.

Inventory conditions reveal elevated levels, with a notable gap between the median listing price of $332,450 and the median sold price. This discrepancy may indicate seller expectations that are not fully aligned with current market realities. As rental rates continue to rise, with a median market rent of $1,340, the rental market remains strong, potentially drawing interest away from home purchases. Overall, the market appears to be transitioning towards a more balanced state, with signs of cooling from previous peak demand.

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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

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 the Charleston WV 25314 area at approximately 6.09% are lower than the 6.81% average rate seen earlier in 2026.

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 $289,450 indicates a stable market, despite the lack of historical price change data.

2. With a median days on market of 282, the market is experiencing slower sales velocity, which may reflect buyer hesitance due to elevated interest rate pressure.

3. Elevated inventory levels are evident, as the median listing price of $332,450 exceeds the median sold price, suggesting potential pricing friction.

4. The median market rent has risen to $1,340, indicating a strong rental market that may be diverting some potential buyers from home purchases.

5. Overall market temperature is assessed as neutral, suggesting a balanced environment with moderate transaction activity.

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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.