The story of this market
The typical home in ZIP 26416 sells for about $132,000, or $85 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $793 a month.
ZIP 26416 — Pennsboro
The housing market in 26416 remains stable with modest year-over-year price growth, reflecting the area's rural character and limited inventory. Demand is primarily driven by local employment in education and healthcare, keeping the market balanced despite broader national economic shifts. Current conditions suggest a steady, low-volatility environment for both buyers and sellers.
This ZIP is well-suited for retirees, local professionals in education or healthcare, and families seeking an established, affordable rural community.
Median prices moved up 2.1% year over year.
Homes spend a median of 92 days on market with 6.4 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.7% · poverty 17.7% — a stable, low-distress 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 2.3%/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 1.8%/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 26416, Barbour County WV
Crime rates in Philippi are generally lower than the national average, with property crime being the most frequently reported incident type in the region.
The area is served by Barbour County Schools, which provides standard public education; performance metrics are generally consistent with rural West Virginia averages.
The region faces moderate risks from seasonal flooding near the Tygart Valley River and typical Appalachian winter weather hazards.
Economic momentum is driven primarily by local education and healthcare sectors, with limited large-scale industrial development currently reported.
Property taxes are assessed by Barbour County based on a 60% assessment ratio of fair market value, with specific levies determined by local school board and county commission rates.
Residents typically face a commute of approximately 26 minutes, primarily utilizing local state routes to reach employment hubs in neighboring counties.
The area features access to the Tygart Valley River for fishing and boating, as well as proximity to local parks and historic sites in downtown Philippi.
The rental market is characterized by limited inventory and stable demand, with a significant portion of the stock consisting of older single-family homes.
The local economy is anchored by Alderson Broaddus University and regional healthcare providers, with a mix of small-scale retail and service industries.
Transportation is primarily road-based, with US Route 250 serving as the main artery for regional connectivity.
Development is focused on small-scale infrastructure improvements and the maintenance of existing historic residential stock.
The Barbour County Assessor maintains property records and conducts periodic reappraisals to ensure equitable tax distribution.
Parcels are subject to county-wide school district levies and municipal taxes for those located within the Philippi city limits.
Property insurance premiums are influenced by the area's rural nature and moderate flood risk, remaining generally stable compared to national trends.
Data retrieved from US Census Bureau ZCTA-level tables.
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 historic landmark and major tourist attraction in the city.
A restored 19th-century mansion offering tours and events.
Provides opportunities for fishing, kayaking, and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.