Real Estate Investing in Follansbee, West Virginia (26037)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 26037 (Follansbee, WV)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Follansbee, WV (26037)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 26037 Follansbee
The 26037 ZIP covers a section of Follansbee that demands careful diligence. Prices near $126K look accessible, but the work to make a deal cash flow is real.
Rent of $750/mo on a $126K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 26037 sits below the stated 0.0% once reality is priced in.
Within WV, ZIP 26037 trails on several market indicators that neighboring Brooke County submarkets outperform. The gap is real and durable enough to shape underwriting.
Demographically, 26037 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 26037 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Follansbee:
Property Strategy for 26037
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $75,388 | $970 | 9.3% | +7.0% | $37,694 |
| 3BR | $139,091 | $1,290 | 6.7% | +6.2% | $46,364 |
| 4BR | $164,017 | $1,480 | 6.5% | +5.5% | $41,004 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 26037 Compare?
| Metric | 26037 | Follansbee | West Virginia |
|---|---|---|---|
| Home Value | $126,457 | $126,457 | $169,372 |
| 5-Year CAGR | 4.6% | 4.6% | 6.1% |
| Avg Rent | $750 | $750 | - |
| Cap Rate | 4.6% | 4.6% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 26037 (Follansbee, WV). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 26037 (Follansbee, WV)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $126,457 |
| Monthly Rent | $750 |
| Price-to-Rent | 14.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +6.0% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 26037
Population: 5,727
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 26037
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 7,206 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is rental property easy to operate in Follansbee, WV?
Follansbee, WV falls under WV landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How strong are rents in Follansbee, WV?
Rents in Follansbee, WV run near $750/mo. Compared with median home prices of $126K that produces solid gross yields for typical rentals.
What is the tenant pool like in Follansbee, WV?
Tenant quality in Follansbee, WV ranks as solid. Landlords generally report predictable occupancy at market rents of $750/mo.
What is the smart move for investors in Follansbee, WV?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Follansbee, WV. The numbers - $126K homes against $750/mo rents - support that play.
How much should I expect to pay for a home in Follansbee, WV?
The median home value in Follansbee, WV is roughly $126K. That puts it reasonable relative to the WV statewide average.
You know 26037 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 26037 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 26037 ranks in Weirton-Steubenville, WV-OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 26037 (Follansbee)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 26037 (Follansbee, WV).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.