Charleston, WV 25314 Real Estate Market Report

ZIP Code: 25314
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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

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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 are 6.375%, which is 0.505% higher than the 5.87% market average seen in February 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 most reliable market indicator is the median sold price of 275,000, which reflects recent completed transactions and suggests current market value is centered at that level; given the neutral market temperature and long median days on market, this appears to be a balanced pricing environment rather than a rapidly appreciating one.

2. Despite the parity between the median listing price and the median sold price at 275,000, the very long median days on market of 326 points to slower sales velocity and potential pricing friction; sellers should expect extended marketing time and buyers may have time to negotiate.

3. Inventory in the analyzed sample appears as elevated inventory relative to sales activity, which, together with a neutral market temperature, may indicate moderate liquidity rather than acute scarcity—pricing strategies that emphasize value and time-on-market risk will be important for listing success.

4. Macro and financing context is mixed: rent is trending up with a median market rent of 1,300, while price trends are down; interest rate pressure is described as moderate and local 30‑year fixed rates are materially above recent averages, which may constrain buyer pool elasticity and sustain the observed slower transaction pace.

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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.

Charleston, WV 25314 Real Estate Market Report

ZIP Code: 25314
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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 are 6.375%, which is 0.505% higher than the 5.87% market average seen in February 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. median sold price remains the primary indicator of market value and recent transaction activity for 25314; with a neutral market temperature, recent transactions appear broadly balanced rather than strongly favoring buyers or sellers.

2. The down price year-over-year trend is evident while the median price per square foot sits at 110, suggesting recent transactions are occurring at lower nominal prices per unit area versus prior periods.

3. The median days on market is 367, which indicates slower sales velocity and suggests pricing friction or extended negotiation timelines despite the neutral market temperature and a relatively constrained active supply in the analyzed sample.

4. Rental and financing context: the rent year-over-year trend is up while the interest rate pressure is moderate; the median market rent is 1,300, and current 30-year fixed mortgage rates are 6.375% (0.505% higher than the 5.87% market average in February 2026), which may temper buyer affordability and extend time-to-contract.

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Notable Properties

The following 3 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.