The story of this market
The typical home in ZIP 25276 sells for about $179,000, or $110 per square foot.
Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $734 a month.
ZIP 25276 — Spencer
The housing market in 25276 is characterized by price stability and low inventory, typical of a rural West Virginia community. Sales volume remains low, and the market is driven by local demand rather than speculative investment. Prices have remained flat year-over-year, reflecting a balanced but slow-moving market.
This ZIP is best suited for local families, retirees, and those seeking affordable rural living, as it offers a quiet lifestyle with proximity to basic services in Spencer.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 120 days on market with 8.0 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 10.5% · poverty 23.1% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 25276, Roane County WV
Crime in the Spencer area is generally low, consistent with rural West Virginia trends, though specific localized data is not determinable.
Schools in the area are part of the Roane County school system, which serves a small, rural population with limited extracurricular resources.
The area is subject to typical Appalachian flood risks in low-lying hollows and valleys, with standard insurance requirements for properties in designated flood zones.
Economic momentum is modest, driven primarily by local government, healthcare, and small-scale agriculture, with limited large-scale industrial development.
Property taxes are assessed by Roane County based on a state-mandated assessment ratio of 60% of market value, with rates varying by local district levies.
Commuting is primarily by personal vehicle, with residents often traveling to larger employment hubs like Charleston, which is approximately an hour away.
Local amenities include Charles Fork Lake for fishing and boating, as well as small community parks and local shopping districts in downtown Spencer.
The rental market is characterized by low inventory and high demand for affordable housing, with limited turnover and minimal short-term rental presence.
The economy is anchored by local government, healthcare services, and small-scale retail, with a significant portion of the workforce employed in local services.
Public transit is not available; the area relies entirely on highway infrastructure for regional connectivity.
There are no major large-scale commercial or residential developments currently under construction in the ZIP code.
The Roane County Assessor manages property valuations, typically reassessing properties on a cyclical basis to meet state requirements.
Parcels are subject to county-wide school district levies and local municipal taxes for those within the Spencer city limits.
Property insurance premiums are influenced by rural fire protection ratings and flood zone designations, with standard market availability.
Net domestic migration is slightly negative, consistent with broader trends in rural West Virginia.
West Virginia is a non-judicial foreclosure state, with a standard process for lenders to recover collateral.
Sellers are required to provide a property disclosure statement, though the scope is generally limited compared to more urban jurisdictions.
Data retrieved from Census Reporter and Point2Homes profiles for Roane County/Spencer.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A popular local destination for fishing, boating, and outdoor recreation.
The central hub for local businesses, dining, and community services.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.