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Ridgeley, WV

Full City Profile · West Virginia · Allegany County County

3.1 /5.0
B Good
304 Population 1,048/sq mi density
$51,667 Median Income $32,136 per capita
$138,100 Home Value $214,110 Zillow
$890 Median Rent 24.6% income on rent
54°F Avg Temperature 302 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$51,667 median income, 6.2% unemployment
A+
Affordability
5.0 / 5.0
$138,100 home value, $890/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.8 / 5.0
10.6% bachelor's degree or higher

Housing Overview

Median Home Value
$138,100
51% below
US avg: $281,900
Median Rent
$890/mo
23% below
US avg: $1,163/mo
Homeownership Rate
80.9%
24% above US avg (65.4%)
Total Housing Units
244
Median year built: 1938

Home Value by Source

Census Median
$138,100
Zillow (ZHVI)
$214,110
Median Sale Price
$110,000
Median List Price
$179,749
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.9%
Owner-Occupied
19.1%
Renter-Occupied
81%
19%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$714/mo
1 Bedroom
$766/mo
2 Bedroom
$945/mo
3 Bedroom
$1,231/mo
4 Bedroom
$1,380/mo
Census median rent: $890/mo

Market Indicators (Redfin)

Median Days on Market
70 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$164
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
24.6%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
80.9%

Complete Housing Data

Home Values

Census Median Value$138,100
Zillow Home Value (ZHVI)$214,110
Median Sale Price$110,000
Median List Price$179,749
Price Per Sq Ft$164

Rent

Census Median Rent$890
FMR Studio$714
FMR 1-Bedroom$766
FMR 2-Bedroom$945
FMR 3-Bedroom$1,231
FMR 4-Bedroom$1,380

Market

Days on Market70
Sale-to-List Ratio1.0%
Price Drops25.0%
Homes Sold1
Active Inventory4
Price Per Sq Ft$164

Ownership & Stock

Owner-Occupied80.9%
Renter-Occupied19.1%
Homeownership Rate80.9%
Total Housing Units244
Median Year Built1938
Rent Burden24.6%