Real Estate Investing in Green Spring, West Virginia (26722)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 26722 (Green Spring, WV)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 49.7% of homes vacant — above national norms.
- Lower household income: $28,667 median — tenant affordability is tighter.
• 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 Green Spring, WV (26722)?
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Market Analysis: 26722 Green Spring
Looking more closely, ZIP 26722 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $206K median. It rewards specialists, not generalists.
The investment case in 26722 is sturdy only for operators who understand what they are buying. A $206K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within WV, ZIP 26722 trails on several market indicators that neighboring Hampshire County submarkets outperform. The gap is real and substantial enough to shape underwriting.
A sturdy renter share of 21% in 26722 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. substantial returns are possible in 26722, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Green Spring:
Market Trends
Home Value History (with trend line)
📊 How Does 26722 Compare?
| Metric | 26722 | Green Spring | Winchester, VA-WV | West Virginia |
|---|---|---|---|---|
| Home Value | $205,822 | $215,412 | N/A | $169,372 |
| 5-Year CAGR | 7.1% | 7.1% | N/A | 6.1% |
| Avg Rent | $1,278 | $1,278 | N/A | - |
| Cap Rate | 4.8% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 26722 (Green Spring, WV). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $205,822 |
| Monthly Rent | $1,278 |
| Price-to-Rent | 13.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.8% |
| 5-Year IRR | 11.9% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +7.2% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 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 (4.8%). 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 26722
Population: 387
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
🎓 Nearby Colleges & Universities
Investor Insight: With 594 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How qualified is the tenant pool in Green Spring, WV?
The tenant pool in Green Spring, WV is solid, supported by local employment and population fundamentals. Rents of $1,278/mo are well-absorbed by the market.
Do landlords face vacancy issues in Green Spring, WV?
Expect elevated vacancy in Green Spring, WV. Rents at $1,278/mo are absorbed by the tenant base without meaningful lag.
Are homes affordable in Green Spring, WV?
Green Spring, WV home values average about $206K. That price point suits investors targeting rentals with $1,278/mo in monthly income.
How much is rent in Green Spring, WV?
Green Spring, WV rentals go for roughly $1,278/mo a month. That puts gross yield in solid territory relative to $206K acquisition costs.
What is it like being a landlord in Green Spring, WV?
WV ranks as a landlord-friendly state for landlord-tenant law. Green Spring generally follows the statewide framework, so landlords face reasonable operating rules.
You know 26722 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 26722 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 26722 ranks in Winchester, VA-WV
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