South Charleston, WV 25303 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

Market Trends & Context

Key Findings

1. The neighborhood's primary market value indicator is the median sold price of 197,000, which confirms recent transaction-level appreciation and aligns with the reported price year-over-year trend being up.
2. The median listing price of 218,000 sits above the median sold price, which may indicate pricing friction between seller expectations and realized transaction prices and suggests sellers should be prepared for negotiation or staging to achieve list price.
3. The median days on market of 355 points to extended time-to-sale and may indicate slower sales velocity or longer negotiation cycles, even though the market temperature is characterized as hot; pricing and marketing execution will be critical to maintain momentum.
4. The median market rent of 900 combined with rent year-over-year trend being up and interest rate pressure described as elevated suggests rental demand is strengthening while affordability for buyers faces headwinds, so investors should weigh rising rents against financing cost sensitivity.

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.