The story of this market
The typical home in Shepherdstown, West Virginia sells for about $485,200, or $210 per square foot.
Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,099 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.
Shepherdstown, West Virginia
The Shepherdstown housing market exhibits steady demand, characterized by a median listing price of approximately $485,000. Market activity is influenced by the town's historic appeal and the presence of Shepherd University, though limited inventory and specific local economic factors contribute to a stable, albeit competitive, environment.
No ARED county foreclosure postings attributed to Shepherdstown 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 sideways 0.0% year over year.
Homes spend a median of 65 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 93.7% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress 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 public liberal arts university that serves as a major cultural and economic anchor for the town.
A major national park offering extensive trails and river access, serving as a primary outdoor recreation destination.
The town's historic core features a dense concentration of local shops, restaurants, and cultural venues that drive local tourism.
Shepherdstown is well-suited for academics, retirees, and those seeking a historic, small-town lifestyle with proximity to regional employment hubs, while also attracting investors interested in the university-driven rental market.
Shepherdstown is served by the Jefferson County Schools system, which provides public education for the area.
The area is primarily served by regional highway corridors; public transit options are limited, necessitating personal vehicle ownership for most commutes.
Shepherdstown offers a rich amenity base centered on its historic downtown, proximity to the Potomac River, and access to the C&O Canal National Historical Park for outdoor recreation.
The rental market is influenced by the presence of Shepherd University, creating consistent demand for student and faculty housing, with limited vacancy pressure.
The local economy is heavily anchored by Shepherd University and the tourism sector, supported by the town's historic character and proximity to the Potomac River.
Economic momentum is anchored by Shepherd University and the town's status as a historic tourism and cultural hub, with steady demand for residential and commercial properties.
Development is generally focused on maintaining the historic integrity of the town while supporting modest growth in residential and commercial sectors.
Parcels are subject to Jefferson County school and municipal tax districts.
Not determinable at the city level; crime statistics are typically reported at the county level for this jurisdiction.
The area is subject to standard regional flood and weather risks common to the Potomac River valley; specific property-level insurance posture should be verified via local disclosures.
Property taxes are assessed at the county level in West Virginia; residents are subject to state and local levies, with specific rates determined by the Jefferson County assessor.
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.