Is Charleston, WV a good place to invest in rental property?

Charleston, WV has a median modeled monthly cash flow of $-442 and a median cap rate of 3.8%, on a median sold price of $205,000. Prices changed +6.0% year over year.

What is the average cap rate in Charleston, WV?

The median cap rate across recently sold homes in Charleston, WV is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Charleston, WV?

The median sold price in Charleston, WV is $205,000 (about $114 per square foot).

Investing in Charleston, WV Real Estate

A data-driven snapshot of the Charleston, WV rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$205,000Median sold price

$114Median $/sqft

3.8%Median cap rate

$-442Modeled cash flow / mo

+6.0%Appreciation YoY

7.7Months of supply

336Active listings

521Sold (last 12 mo)

What the Charleston numbers say

In Charleston, WV, the median home sold for $205,000 (about $114 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-442 of monthly cash flow. Sold prices moved +6.0% over the past year. Inventory sits at about 7.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other West Virginia markets to compare

See Charleston cash-flowing listings

CashFlowRE ranks every for-sale home in Charleston, WV by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Charleston deals, or browse the national market data.