The story of this market
The typical home in ZIP 24896 sells for about $109,250, or $62 per square foot.
Prices are down 24.73% from a year ago, which gives buyers more room to negotiate. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $944 a month.
ZIP 24896
The housing market in Welch (ZIP 24896) is characterized by low inventory and a significant year-over-year decline in median listing prices. Economic indicators show a shrinking population and high poverty rates, contributing to a stagnant real estate environment.
Median prices moved down 24.7% year over year.
Homes spend a median of 87 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 28.2% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 24896, McDowell County, WV
Data sourced from World Population Review and DataUSA profiles for Welch, WV.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.