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Shady Spring, WV

Full City Profile · West Virginia · Raleigh County County

3.2 /5.0
B Good
3,455 Population 557/sq mi density
$70,792 Median Income $36,430 per capita
$192,000 Home Value $195,590 Zillow
$923 Median Rent 28.2% income on rent
53°F Avg Temperature 305 sunny days/yr
1,057 Violent Crime/100K 7,207 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$70,792 median income, 3.8% unemployment
A+
Affordability
5.0 / 5.0
$192,000 home value, $923/mo rent
F
Safety
1.0 / 5.0
1,057 violent crimes/100K (178% above avg)
B
Education
3.0 / 5.0
25.5% bachelor's degree or higher

Housing Overview

Median Home Value
$192,000
32% below
US avg: $281,900
Median Rent
$923/mo
21% below
US avg: $1,163/mo
Homeownership Rate
90.7%
39% above US avg (65.4%)
Total Housing Units
1,483
Median year built: 1996

Home Value by Source

Census Median
$192,000
Zillow (ZHVI)
$195,590
Median Sale Price
$905,000
Median List Price
$494,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

90.7%
Owner-Occupied
9.3%
Renter-Occupied
91%
9%
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: $923/mo

Market Indicators (Redfin)

Median Days on Market
202 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
18.8%
of listings with price reduction
Price Per Sq Ft
$118
Active Inventory
16
homes for sale

Affordability & Housing Stock

Rent Burden
28.2%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
90.7%

Complete Housing Data

Home Values

Census Median Value$192,000
Zillow Home Value (ZHVI)$195,590
Median Sale Price$905,000
Median List Price$494,000
Price Per Sq Ft$118

Rent

Census Median Rent$923
FMR Studio$714
FMR 1-Bedroom$766
FMR 2-Bedroom$945
FMR 3-Bedroom$1,231
FMR 4-Bedroom$1,380

Market

Days on Market202
Sale-to-List Ratio0.9%
Price Drops18.8%
Homes Sold1
Active Inventory16
Price Per Sq Ft$118

Ownership & Stock

Owner-Occupied90.7%
Renter-Occupied9.3%
Homeownership Rate90.7%
Total Housing Units1,483
Median Year Built1996
Rent Burden28.2%