Charleston, WV metro area Housing Market

Cold Market

Comprehensive housing market data for the Charleston, WV metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$180K

5.5% YoY

Days on Market

48 days

14.3% YoY

Active Inventory

320

21.7% YoY

Homes Sold

89

34.6% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Charleston, WV metro area Market Summary

The Charleston, WV metro area housing market is cooling down. As of March 2026, the median home sale price is $180K, down 5.5% year-over-year. Homes are spending a median of 48 days on the market, 14.3% longer than a year ago.

There are 320 homes for sale — 21.7% more than last year. With 3.6 months of supply, this is a seller's market. 162 new listings were added during this period, up 7.3% year-over-year.

Homes are selling for 93.9% of their list price on average, suggesting room for negotiation. 18.0% of homes sell above their asking price. 32.8% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

81

Contributing Factors

Months of Supply 3.6
Days on Market 48
Price Drops 32.8%
Sale-to-List Ratio 93.9%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 58.8%
Days on Market (National: 55) 12.7%
Inventory (National: 1,314,690) 100.0%

vs. West Virginia Median

Median Price (West Virginia: $253K) 28.8%
Days on Market (West Virginia: 80) 40.0%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 59% below the national median, which could indicate stronger cash flow potential.

Charleston, WV metro area Market Trends

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Detailed Market Metrics

Median List Price

$189K

Price per Sq Ft

$113

Sale-to-List Ratio

93.9%

Months of Supply

3.6

Sold Above List

18.0%

Price Drops

32.8%

New Listings

162

7.3% YoY

Pending Sales

145

Off Market in 2 Weeks

40.7%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.