The story of this market
The typical home in Alderson, West Virginia sells for about $165,000, or $151 per square foot.
Prices are down 33.97% from a year ago, which gives buyers more room to negotiate. Homes take about 126 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $713 a month.
Monthly price momentum
Home values since 2015
+8.9%
WV · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Alderson, West Virginia
Alderson's housing market is characterized by high affordability and low inventory, with a median listing price of $165,000. The market is currently experiencing a period of stagnation, evidenced by a low sales volume and a high median days-on-market figure. Economic growth is limited, and the town's demographic profile reflects an aging population with significant poverty challenges.
No ARED county foreclosure postings attributed to Alderson yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved down 34.0% year over year.
Homes spend a median of 126 days on market with 30.0 months of supply — a slower-moving market.
13% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.0% · poverty 45.8% — a mixed stability profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major regional waterway providing opportunities for kayaking, fishing, and swimming, serving as the primary natural amenity for the town.
A collection of preserved architecture that defines the town's character and attracts heritage-focused tourism.
Alderson is best suited for retirees or remote workers seeking an affordable, quiet, small-town lifestyle with access to river recreation, rather than commuters or investors looking for high-growth urban yields.
Public education is provided through the Greenbrier County school system, which serves the local population with a focus on rural community engagement.
Transportation is heavily reliant on personal vehicle ownership, with limited public transit infrastructure available for daily commuting.
Alderson offers significant outdoor amenities centered on the Greenbrier River, including fishing, boating, and the historic Alderson Bridge, which serves as a community focal point.
The rental market is characterized by high rent-burden rates, with nearly 68% of renters spending over 30% of their income on housing, reflecting limited supply and lower local income levels.
The local economy is small and primarily service-oriented, with limited major industrial anchors; residents often rely on regional employment centers within Greenbrier County.
Economic momentum is modest, with the town serving as a historic residential hub; development is primarily focused on maintaining existing infrastructure rather than large-scale commercial expansion.
There are no major large-scale commercial or residential developments currently under construction or approved for the city.
Parcels are served by the Greenbrier County school district and local utility service providers.
Alderson reports a total crime rate in the 16th percentile for West Virginia, indicating it is safer than many comparable small towns in the region.
The area is situated along the Greenbrier River, necessitating awareness of flood-plain management and standard regional insurance considerations for riverfront properties.
Property insurance premiums are influenced by the town's proximity to the Greenbrier River and the associated flood risk profiles.
Property taxes are assessed at the county level in West Virginia, with Alderson residents subject to the standard state-wide levy rates applied to local property values.
Data retrieved from Census Reporter and Data USA profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.