Location: Upshur County, WV | Metro: Upshur County, WV
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,650 |
| 5 Bedrooms | $1,914 |
| 6 Bedrooms | $2,144 |
| 7 Bedrooms | $2,316 |
| 8 Bedrooms | $2,432 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,270 | $165,198 | 0.77% | D |
U.S. Census Bureau data (2024)
The ZIP code 26237 stands as a market in motion, defined by specific metrics that reveal underlying dynamics. With a Fair Market Rent (FMR) set at $960 for the fiscal year 2026, it indicates a stable rental price point reflective of broader metro area trends. However, the absence of current market rent data suggests either limited activity or a lack of comprehensive reporting, which could be indicative of a niche market.
The median home value of $117,178 is a critical figure, showing affordability for first-time buyers and those seeking entry-level homes. This low median value can suggest an area rich in opportunities for small-portfolio investors looking to capitalize on property appreciation over time. The 0.0% renter share statistic is particularly noteworthy; it implies that almost all residents in this area own their homes, which can mean less immediate pressure from renters but also points to a potentially mature market with fewer new entrants.
The lack of data on price-cut shares and days on market (DOM) makes it challenging to assess the balance between supply and demand directly. However, given the low median home value and stable FMR, one might infer that the market is currently balanced, with neither supply nor demand significantly outpacing the other. Landlords and investors should consider the implications of a predominantly owner-occupied community, which could affect future rental demand and property management strategies.
In conclusion, ZIP 26237 presents a unique market environment characterized by stability and affordability. The dynamics here are shaped by a high homeownership rate and a fair market rent that aligns with regional standards. For those considering investment, understanding these factors will be crucial in navigating the local real estate landscape effectively.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.