Real Estate Investing in Old Fields, West Virginia (26845)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 26845 (Old Fields, WV)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• 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 Old Fields, WV (26845)?
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Market Analysis: 26845 Old Fields
ZIP 26845 in Old Fields, WV carries a robust set of headwinds. Home values near $251K and rents of $1,278/mo sit inside a market where underwriting has to be tight.
From an investor standpoint, the numbers look inviting — $251K purchase price, 0.0% nominal cap — the work to hit that pro forma in 26845 is substantial and deserves full respect.
Within WV, ZIP 26845 trails on several market indicators that neighboring Hardy County submarkets outperform. The gap is real and solid enough to shape underwriting.
A notable renter share of 10% in 26845 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 26845 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Old Fields:
Market Trends
Home Value History (with trend line)
📊 How Does 26845 Compare?
| Metric | 26845 | Old Fields | Winchester, VA-WV | West Virginia |
|---|---|---|---|---|
| Home Value | $250,731 | $250,731 | N/A | $169,372 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 6.1% |
| Avg Rent | $1,278 | $1,278 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 26845 (Old Fields, WV). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $250,731 |
| Monthly Rent | $1,278 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (4.0%). 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 26845
Population: 967
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
Frequently Asked Questions
Do landlords face vacancy issues in Old Fields, WV?
Expect elevated vacancy in Old Fields, WV. Rents at $1,278/mo are absorbed by the tenant base without meaningful lag.
What is the average home sale price in Old Fields, WV?
Expect median prices around $251K in Old Fields, WV. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
Are rents high in Old Fields, WV?
Rents in Old Fields, WV run near $1,278/mo. Compared with median home prices of $251K that produces solid gross yields for typical rentals.
What strategy should investors use in Old Fields, WV?
Investors usually favor careful cash-flow rentals with hands-on management in Old Fields, WV. With home values at $251K and rents near $1,278/mo, other strategies can work but produce consistent rather than outsized returns.
Should investors consider Old Fields, WV?
With a 3.0/5 investability score, Old Fields, WV ranks as a solid market for rental property investors. Median prices of $251K and rents of $1,278/mo drive the underlying numbers.
You know 26845 now. You don’t know where it ranks.
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How 26845 ranks in Winchester, VA-WV
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