Real Estate Investing in Summersville, West Virginia (26651)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 26651 (Summersville, 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: 14.6% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Summersville, WV (26651)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 26651 Summersville
This part of Nicholas County is not an easy win. The 26651 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Put differently, the numbers look inviting — $187K purchase price, 0.0% nominal cap — the work to hit that pro forma in 26651 is substantial and deserves full respect.
On balance, 26651 offers a low basis, the region around Summersville has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 26651 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 26651 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Summersville:
Property Strategy for 26651
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $118,761 | $940 | 5.7% | +8.9% | $59,380 |
| 3BR | $192,961 | $1,220 | 4.6% | +9.4% | $64,320 |
| 4BR | $259,290 | $1,270 | 3.5% | +9.4% | $64,822 |
| 5BR | $305,527 | — | — | +7.5% | $61,105 |
Market Trends
Home Value History (with trend line)
📊 How Does 26651 Compare?
| Metric | 26651 | Summersville | West Virginia |
|---|---|---|---|
| Home Value | $187,409 | $182,185 | $169,372 |
| 5-Year CAGR | 7.1% | 7.1% | 6.1% |
| Avg Rent | $846 | $825 | - |
| Cap Rate | 3.5% | 3.6% | - |
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 26651 (Summersville, WV). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 26651 (Summersville, WV)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $187,409 |
| Monthly Rent | $846 |
| Price-to-Rent | 18.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (3.5%). 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 26651
Population: 10,070
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 26651
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.
Frequently Asked Questions
What kind of tenants rent in Summersville, WV?
The tenant pool in Summersville, WV is solid, supported by local employment and population fundamentals. Rents of $846/mo are well-absorbed by the market.
Can I house hack in Summersville, WV?
For house hackers, Summersville, WV is a challenging. The $846/mo rent on a unit helps defray the mortgage on a $187K property.
What is the typical home price in Summersville, WV?
Summersville, WV median home values land near $187K. That is reasonable territory for investors looking at $846/mo-per-month rentals.
Is Summersville, WV good for landlords?
The landlord environment in Summersville, WV is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Do landlords face vacancy issues in Summersville, WV?
Summersville, WV sees elevated vacancy, which is reasonable relative to the broader WV rental market.
You know 26651 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 26651 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 26651 (Summersville)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 26651 (Summersville, WV).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.