Charleston housing market

Seller's marketCharleston, WV metro areaData through Sep 2026
Typical home value
$147K
▲ 1.1% 1 yr
Typical rent
$1,210/mo
▲ 3.2% 1 yr
12-month forecast
+2.4%
#217 of 546 metros
Gross rent yield
9.9%
#10 of 546 · U.S. 6.3%
Days to pending
44 days
▲ +6 days 1 yr
Listings with a price cut
25%
▲ +0.4 pts 1 yr

Key takeaways

  • 1The typical home is worth $147,375, up 1.1% in a year and up 24% over five years.
  • 2Zillow forecasts home values rising 2.4% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,210/mo (+3.2% YoY), a 9.9% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $810/mo in principal and interest, $400 less than renting.
  • 5Homes go under contract in 44 days (+6 days vs last year); 25% of listings have had a price cut.
Market temperature
Seller's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 62/100, #24 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $147K
$102K$117K$131K$145K2016201920222025
Typical monthly rent
Latest $1,210
$840$956$1,071$1,1872016201920222025

How fast homes are selling

Days to go under contract
Latest 44
305071912020202220242026
Share of listings with a price cut
Latest 25.0%
12.8%16.6%20.4%24.1%20182020202220242026
Homes for sale vs new listings
Latest 643
For saleNew listings
2126029911,38120182020202220242026
Share of homes sold above list price
Latest 23.5%
16.8%22.6%28.3%34.1%2020202220242026

Affordability

Household income needed to buy vs rent
Latest $41K
To buy (20% down)To rent
$23K$31K$39K$47K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Charleston compares

MeasureCharlestonUnited StatesRank of 546
Home value, 1-yr change+1.1%+1.2%#356
Home value, 5-yr change+23.7%+19.7%
12-month forecast+2.4%+1.1%#217
Rent, 1-yr change+3.2%+2.7%#276
Gross rent yield9.9%6.3%#10
Price-to-rent ratio10.115.8
Mortgage P&I on typical home$810$2,012
Income needed to buy$41,467$100,902
Days to pending4456

Cities in the Charleston metro

1 cities with home value and rent data.

Charleston$162K▲ 1.9%$1,351▲ 2.9%10.0%

Run the numbers

Other West Virginia metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.