Real Estate Investing in Craigsville, West Virginia (26691)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 26691 (Craigsville, WV)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 12.5% of homes vacant — above national norms.
- Higher unemployment: 9.1% unemployment — tenant risk signal.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Craigsville, WV (26691)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 26691 Craigsville
ZIP 26691 inside Nicholas County looks affordable on the surface — median value of $138K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 26691 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader WV picture, 26691 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A notable renter share of 29% in 26691 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Craigsville:
Market Trends
Home Value History (with trend line)
📊 How Does 26691 Compare?
| Metric | 26691 | Craigsville | West Virginia |
|---|---|---|---|
| Home Value | $138,494 | $146,735 | $169,372 |
| 5-Year CAGR | N/A | 6.2% | 6.1% |
| Avg Rent | $801 | $834 | - |
| Cap Rate | 4.5% | 4.4% | - |
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 26691 (Craigsville, WV). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 26691 (Craigsville, WV)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $138,494 |
| Monthly Rent | $801 |
| Price-to-Rent | 14.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +14.9% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (4.5%). 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 26691
Population: 735
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
Frequently Asked Questions
How much is rent in Craigsville, WV?
Rents in Craigsville, WV run near $801/mo. Compared with median home prices of $138K that produces solid gross yields for typical rentals.
Is the tenant base reliable in Craigsville, WV?
Tenant demand in Craigsville, WV is solid. The local workforce $801/mo rents across most rental classes.
What is the rental occupancy rate in Craigsville, WV?
Occupancy in Craigsville, WV runs reliable with elevated vacancy. Well-priced units at $801/mo lease on reasonable timelines.
Is Craigsville, WV a good market for FHA house hackers?
Craigsville, WV offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $801/mo rent level.
What is the smart move for investors in Craigsville, WV?
Most investors in Craigsville, WV run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.
You know 26691 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 26691 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.
AI Market Advisor
Ask questions about investing in 26691 (Craigsville)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 26691 (Craigsville, WV).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.