Charleston, WV 25387 Real Estate Market Report

ZIP Code: 25387
Report Date: April 2026
Market Temperature: COLD
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

The housing market in Charleston, WV (25387) is currently characterized by a median sold price of $82,500, reflecting a period of price decline. This trend suggests a down market, with the overall price trajectory indicating a decrease. The median days on market stands at 362, indicating a slower sales velocity and potential pricing friction as properties linger longer before sale.

Despite these challenges, the rental market remains robust, with a median market rent of $1,196, signaling strong demand in that sector. The property tax rate is relatively low at 0.69%, which may enhance buyer affordability in the long run. However, the market temperature is currently cold, suggesting a cautious approach for potential buyers and sellers alike, as elevated inventory levels may lead to further price adjustments.

---

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 Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels 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 averaging 6.38%, which is 0.3% higher than the 6.08% average from March 2025.

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 $82,500 indicates a market that is experiencing down pricing pressure.

2. With 362 days as the median days on market, properties are taking longer to sell, reflecting slower sales velocity.

3. The median market rent of $1,196 shows an up trend in rental demand, contrasting with the sales market.

4. Current interest rate pressure is classified as moderate, which may affect buyer sentiment moving forward.

5. The overall market temperature is cold, indicating a need for cautious strategies from both buyers and sellers.

---

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.