The story of this market
The typical home in ZIP 24862 sells for about $125,000, or $82 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $671 a month.
ZIP 24862 — Mohawk
The housing market in ZIP 24862 is characterized by low transaction volume and stagnant price growth, reflecting broader economic challenges in the region. Limited inventory and a high share of older housing stock contribute to a slow-moving market with minimal competitive pressure.
Median prices moved down 2.1% year over year.
Homes spend a median of 112 days on market with 7.0 months of supply — a slower-moving market.
19% of listings have cut prices · homes sell at 94.2% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 42.1% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 24862, McDowell County WV
Data retrieved from data.census.gov ZCTA 24862 profile tables.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.