The story of this market
The typical home in ZIP 26624 sells for about $125,000, or $85 per square foot.
Prices are up +2.4% 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 $496 a month.
ZIP 26624 — Gassaway
The housing market in 26624 remains stable with low inventory and modest price appreciation. Demand is driven by local residents seeking affordable housing, while the limited supply keeps the market balanced. Overall, the area reflects the slow-growth characteristics of rural West Virginia.
This ZIP is best suited for local workers, retirees, and families seeking affordable rural living with a low cost of entry compared to urban centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 92 days on market with 6.2 months of supply — a slower-moving market.
18% 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 8.4% · poverty 23.0% — 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 4.4%/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 4.4%/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 26624, Braxton County WV
Crime rates in Gassaway are generally low and consistent with rural West Virginia trends, remaining significantly below national averages for violent and property crime.
Schools serving the area are part of the Braxton County School District, which provides standard public education services for the rural population.
The area is subject to standard regional flood risks associated with the Elk River and typical Appalachian wildfire and wind exposure; property insurance remains available but reflects regional hazard profiles.
Economic momentum is modest, driven primarily by local government, education, and small-scale retail services, with limited large-scale industrial development.
Property taxes are assessed by the Braxton County Assessor based on 60% of fair market value, with rates determined by state-mandated levies and local school district requirements.
Commuting is primarily car-dependent, with residents traveling via I-79 toward regional employment hubs like Flatwoods or further toward Charleston.
Local recreation centers on the Elk River for fishing and boating, with proximity to local parks and the nearby Burnsville Lake Wildlife Management Area.
The rental market is characterized by low inventory and steady demand from local workers, with limited turnover and minimal short-term rental presence.
The economy is anchored by public sector employment, local retail, and small-scale service industries typical of rural Braxton County.
Transportation is dominated by private vehicle use, with I-79 serving as the primary corridor for regional connectivity.
There are no major large-scale commercial or residential developments currently approved or under construction in the immediate ZIP area.
The Braxton County Assessor manages property valuations, focusing on periodic reappraisals to ensure tax equity across the county.
Parcels are subject to Braxton County school levies and standard municipal utility district requirements.
Property insurance premiums are stable but sensitive to regional weather-related claims, particularly flood and wind damage.
Net domestic migration in West Virginia remains relatively flat, with rural areas experiencing modest population shifts.
West Virginia is a non-judicial foreclosure state, allowing for efficient processing of defaulted mortgages through trustee sales.
Sellers are required to provide a residential property disclosure statement covering known material defects at the time of sale.
Data retrieved from Census Bureau ZCTA-level tables for 26624.
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.
Provides local opportunities for fishing and outdoor recreation.
Local community space for outdoor activities and gatherings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.