Charleston, WV 25314 Real Estate Market Report

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

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

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.

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

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

Key Findings

1. The primary market indicator is the 296,000 median sold price, which represents the most recent realized value for SFR and condo transactions and suggests a representative recent sale level for 25314; given the down year‑over‑year price trend, sellers may face pricing friction relative to prior periods.
2. Liquidity appears slow based on the 1,183 median days on market, which suggests extended time-to-close and neutral market temperature conditions that may encourage buyers to negotiate on terms rather than pay premiums.
3. Price structure shows a 143 median price per square foot alongside a 1,100 median market rent, indicating relative affordability pressure where rent is up year‑over‑year while sales prices are moving down, so investors should weigh rising rental income against slower sale liquidity.
4. Financing conditions show average 30‑year fixed rates near 6.49% and elevated interest rate pressure, which may constrain buyer budgets and amplify negotiation leverage for buyers in this ZIP code given the market's current neutral temperature.

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.