Real Estate Investing in Parkersburg, West Virginia
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Should you buy in Parkersburg, WV? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.2% of homes vacant — above national norms.
What’s happening in Parkersburg, WV?
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Market Trends — Parkersburg, WV
Home Value History
Rent History
Investing in Parkersburg Real Estate
With a sizable population across 2 ZIPs, Parkersburg shows the kind of modest fundamentals that keep most out-of-state capital on the sidelines.
Parkersburg is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. plainly out-of-state investors should be especially careful with the assumptions they carry in.
Rents in Parkersburg at $859/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.
Distressed-leaning demographics in Parkersburg — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.
Best ZIP codes in Parkersburg-Vienna, WV
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Landlord Ground Truth
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🎓 Colleges & Universities in Parkersburg
Investor Insight: With 912 students living off-campus, Parkersburg has substantial rental demand from the college population — typically stable, lease-renewing tenants.
ZIP Codes in Parkersburg, WV
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View PlansFrequently Asked Questions About Parkersburg, WV
Are eviction rules reasonable in Parkersburg, WV?
Parkersburg, WV falls under WV landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What investment strategy works best in Parkersburg, WV?
Most investors in Parkersburg, WV run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
What is the typical home price in Parkersburg, WV?
Homes in Parkersburg, WV typically sell near $156K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
Does Parkersburg, WV make sense for an investment property?
With a 3.0/5 investability score, Parkersburg, WV ranks as a solid market for rental property investors. Median prices of $156K and rents of $859/mo drive the underlying numbers.
Does house hacking make sense in Parkersburg, WV?
House hacking works a challenging in Parkersburg, WV. Rents of $859/mo against $156K acquisition make the strategy solid for owner-occupants.
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