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Cabell County, West Virginia

Single-family vs. condo trends, market pressure signals, and 5-year price history. Source: Redfin.

Median Sale Price
$195,500
+35.8% YoY
Active Inventory
164
Days on Market
14 days
Price Drops
26.2%

Single-Family vs. Condo

Source: Redfin (property-type breakdown)
Single-Family Median
$191,750
-4.4% YoY
Condo / Co-op Median
$198,750
-21.5% YoY
SFR vs. Condo YoY Gap
+17.1%
SFR outperforming condos
DOM: SFR vs. Condo
13d / 191d
SFR / Condo

Buyer vs. Seller Market Indicators

Latest month — Redfin
Months of Supply
3.2 mo
Balanced

Inventory ÷ monthly sales. Below 3 = strong seller market; 3-6 balanced; above 6 = buyer market.

Sale-to-List Ratio
97.8%
At asking

Median closing price ÷ original list price. Above 100% = homes routinely closing above asking.

% Sold Above List
21%
Mixed

Share of closed sales priced above asking. The single cleanest read on bidder competition.

What does your sqft target cost in Cabell County, West Virginia?

$108/sqft median (Redfin)
+$0 adj
+$0 adj
optional
Estimated price
$215,071
Above median (+10% vs median)
Region median
$195,500
all homes
Price-tier reverse lookup — what sqft does each price band buy?
$600,000
≈ 5,580 sqft
$1,200,000
≈ 11,159 sqft
$2,000,000
≈ 18,599 sqft
$5,000,000
≈ 46,496 sqft

Estimate = (median $/sqft × your sqft) + bed/bath/lot adjustments. Bed and bath adjustments use Appraisal Institute / Fannie Mae standard rules of thumb (~$15K/extra bedroom, ~$20K/extra bathroom vs. a 3bd/2ba baseline; half-bath = half adj). Lot premium is a $1.50/sqft heuristic beyond a 6,000 sqft baseline — accuracy varies sharply by urban infill vs. acreage market. Quality, condition, year built, and HOA are not modeled here. For a deeper county-level hedonic AVM, see AVM Lite.

Rent + invest vs. buy + own — backtested

15-yr rolling history · S&P 500
Property type:
Upfront capital committed (both paths): $45K = 20% down + 3% closing on a $196K home
BUY + OWN
Median ending wealth $172K $105K real
Net gain on $45K upfront: $127K
Range: $172K → $172K
Wealth = home value (appreciated at 3%/yr) − remaining mortgage − 6% selling cost. Gain = wealth − upfront. Leveraged appreciation on full $196K asset comes from the 20% down.
RENT + INVEST
Median ending portfolio $339K $229K real
Net gain on $106K contributed: $233K
Range: $154K → $922K
Same upfront cash + each year's (own − rent) surplus invested in S&P 500 at actual annual returns. Median renter contributed $106K total.
Median wealth delta: $167K in favor of RENT + INVEST
What if you'd started in a recent year? (most-recent 15yr window: 2011–2025)
WindowBuy wealthBuy gainRent wealthRent gainWealth delta
2011–2025$172K$127K$508K$402K$336K rent
2010–2024$172K$127K$520K$414K$348K rent
2009–2023$172K$127K$504K$398K$332K rent
2008–2022$172K$127K$328K$222K$156K rent
2007–2021$172K$127K$423K$317K$251K rent
2006–2020$172K$127K$364K$258K$192K rent
2005–2019$172K$127K$325K$219K$153K rent
2004–2018$172K$127K$268K$163K$97K rent

Educational tool, not investment or real-estate advice. Past performance does not guarantee future results. Backtests use actual annual total returns including dividends from S&P 500 (Damodaran (NYU Stern) annual total return (with dividends), 1957-present.).

Buyer model: 30-yr fixed mortgage, P&I + property tax + insurance + maintenance (1% of value/yr) + HOA. Selling cost = 6%. Investor model: down payment + annual cashflow surplus invested in the chosen index at that calendar year's actual return.

Tax model: pre-tax comparison. Toggle "after-tax mode" to apply MID, SALT, LTCG, and the Sec 121 capital-gains exclusion.

This calculator does not adjust for: PMI (assumed 20%+ down), differential transaction costs by state, lifestyle factors (commute, schools, kids), illiquidity / forced-sale risk, or insurance availability constraints (e.g., FL/CA wildfire). Consult a fiduciary advisor and tax professional before acting on any of this.

Market Pressure Signals

Derived from Redfin trend
Inventory vs. Long-Term Avg
-17.3%
deficit — seller leverage
DOM vs. 24-Mo Avg
-73.3%
currently 14 days
Long-Term Avg Inventory
198
Long-Term Avg DOM
52 days

Mortgage & Price Stress

State HPI + national delinquency
State HPI YoY
+8.0%
positive — appreciating
State HPI vs. Peak
0.0%
at or near peak peak 2026-04-01
National Mortgage Delinquency
1.86%
benchmark — 2026-04-01 county-grain delinquency requires paid data

State-grain HPI YoY + drawdown from peak is the cleanest free price-stress proxy. The national delinquency rate gives the macro mortgage-stress backdrop. True county-level mortgage delinquency lives in paid datasets (MBA NDS, CoreLogic LP).

Getting a Mortgage Here

CFPB HMDA 2025
Applications Denied
29.1%
1.2 pts harder than West Virginia
Loans Actually Made
1,453
597 turned down
Average Loan Made
$184,787
what lenders here actually wrote
National Denial Rate
23.4%
benchmark — all 51 states

Every lender above a size threshold has to report each application and what they did with it. The denial rate here counts only applications a lender actually ruled on — approved or denied. Files the applicant withdrew, and files closed as incomplete, are left out of both halves, so this runs higher than tables that bury them in the denominator. Compare every state and county →

Value Ratios

Median home price ÷ county median income
Value / Income
3.7×
fair value
Median Household Income
$52,828
Census ACS B19013

Historically affordable markets sit at 3–4× income; over 5× is stretched, over 6× is severely overvalued. Lower ratios point to bargain opportunities.

Housing Stock & Owners

Census ACS 5-year (B19013, B01003, B25002, B25003, B25034, B25007)
Population
93,300
total residents
Total Housing Units
46,084
all units, occupied + vacant
Vacancy Rate
15.1%
high vacancy
Homeownership Rate
63.5%
of occupied units owner-occupied
Boomer Owners (65+)
23.6%
of homeowner households
Millennial / Gen-X Owners (35-54)
6.4%
of homeowner households
Pre-1949 Housing Stock
24.5%
structures built before 1949

When boomer-owner share is high, expect more inventory hitting the market over the next decade as homes transition. High vacancy + high old-stock often signals deferred-maintenance markets where buyers can negotiate.

Net Migration (IRS Tax Returns)

IRS Statistics of Income — Migration Data
Net Migration
-58
losing people (2022–2023)
Inbound Returns
1,217
2,035 people moved in
Outbound Returns
1,234
2,093 people moved out
Net Returns
-17
household-filer basis

Top 5 Origins (where movers came from)

  1. Wayne, West Virginia — 281 returns
  2. Putnam, West Virginia — 228 returns
  3. Lawrence, Ohio — 225 returns
  4. Kanawha, West Virginia — 203 returns
  5. Lincoln, West Virginia — 91 returns

Top 5 Destinations (where movers went)

  1. Wayne, West Virginia — 299 returns
  2. Lawrence, Ohio — 228 returns
  3. Kanawha, West Virginia — 186 returns
  4. Putnam, West Virginia — 177 returns
  5. Boyd, Kentucky — 86 returns

IRS Statistics of Income tracks county-to-county migration via tax-return change-of-address. Net migration uses the exemption count (a proxy for people, including dependents). True net flow can lag by 1–2 years vs. real-time movements.

Who's Moving In (Census ACS)

Source: Census ACS B07001 (5-year)
Inbound Movers (1 yr)
6,502
7.02% of pop. — moved here from outside the county
From Other States
2,450
2.65% of pop. — interstate inbound
From Abroad
131
moved into the county from outside the U.S.
Same House 1 Year Ago
86%
stable residents

Census ACS asks where people lived 1 year ago, so this counts inbound movers but does not show outbound — true net migration would require IRS SOI parsing.

Trends

Up to 5 years of monthly data

Median Sale Price

Trailing 12 months

Active Inventory

Trailing 12 months

Days on Market

Trailing 12 months

Looking for state-level data? See West Virginia statewide stats →

Verify any number on this page: data sources, formulas, and cross-references →