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ZIP 24862

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.West Virginia
$169K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
3
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$50K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2025 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
20182021202220232025
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
20182021202220232025
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
20182021202220232025
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
20182021202220232025

Housing Stock

HomesHow many homes we have records for in this area.171
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$50K
Median sizeThe middle home size here, measured in square feet.1,200 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1975
Single familyThe share of homes here that are single-family houses.74%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.96%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.73%
Company ownedThe share of homes owned by a company or trust instead of a person.7.0%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.0%
Typical ownership tenureHow long the typical owner here has held their home.8.3 yrs

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How ZIP 24862 compares

By median home value, ZIP 24862 is the 2nd most expensive of 16 ZIP codes in Mcdowell County, and its typical home is worth more than 83% of all homes in Mcdowell County.

Home values in ZIP 24862

Share of homes at each estimated value.

Median
$23K$113K
ZIP codes in Mcdowell County ranked by median home value
#Mcdowell CountyMedian valueHomes
1Paynesville 24873$53K373
224862$50K171
3Iaeger 24844$42K1,114
4Welch 24801$38K2,093
5Jolo 24850$38K433
6Panther 24872$37K328
7Davy 24828$35K399
8Raysal 24879$32K341
9War 24892$28K630
10Kimball 24853$27K362
11Northfork 24868$24K784
12Berwind 24815$24K229
13Squire 24884$23K202
14Anawalt 24808$23K186
15Gary 24836$22K306
16Elbert 24830$21K122

About the ZIP 24862 market

What is the median home price in ZIP 24862, WV?

The median sale price in ZIP 24862, WV is $168,750 (data through July 2025), based on deeds recorded with the county.

How many homes sell in ZIP 24862, WV each year?

3 homes sold in ZIP 24862, WV over the last 12 months (data through July 2025). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in ZIP 24862, WV?

ZIP 24862, WV contains 171 residential properties, with a median of 1,200 square feet, 3 bedrooms, built around 1975. The median TopHap Estimate is $50K.

How does ZIP 24862, WV compare to the rest of Mcdowell County?

By median home value, ZIP 24862, WV is the 2nd most expensive of 16 ZIP codes in Mcdowell County. Its typical home is worth more than 83% of all homes in Mcdowell County. Paynesville 24873 ranks just above it and Iaeger 24844 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in ZIP 24862, WV?

73% of homes in ZIP 24862, WV are owner-occupied. 7% are held by a company rather than an individual.

How much equity do owners in ZIP 24862, WV hold?

96% of mortgaged homes in ZIP 24862, WV are equity-rich, meaning the loan balance is under half the home's value. 0.0% owe more than the home is worth.

Browse addresses

Every street and address TopHap holds is browsable by state, county and city. Browse WV property records.

Explore ZIP 24862 on the map

See every recorded sale, price heat map, school zone and flood overlay across ZIP 24862in TopHap’s interactive 3D map.

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