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Advertise here →Shady Spring, WV · Market Data
Shady Spring, West Virginia real estate market data.
Real estate market data for Shady Spring, WV (Raleigh County) — Census median home value $192,000, county listing prices down about 14.6% over the past year.
Shady Spring, WV is in Raleigh County, West Virginia — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 3,455, with a median household income of $70,792. Census data puts Shady Spring's median home value at $192,000 (all owner-occupied homes); Raleigh County's current median listing price runs $162,000, down about 14.6% over the past year.
At a glance
Shady Spring market snapshot
Population
3,455
Median Household Income
$70,792
Median Home Value (city)
$192,000
Median Listing Price (Raleigh County)
$162,000
Median Gross Rent
$923/mo
Price Trend (YoY)
-14.6%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Shady Spring different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Shady Spring's median home value — across all owner-occupied homes, not just recent sales — at $192,000. Separately, Raleigh County's current median listing price (via Realtor.com data, 2026-06-01) runs $162,000. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Raleigh County's FHFA house price index shows a 9.15% annual change in 2025.
Population & Income
Shady Spring has an estimated population of 3,455 and a median household income of $70,792, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Shady Spring's Census-reported median home value works out to about 2.7x the area's median household income, and median gross rent runs roughly 16% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Shady Spring FAQ
What are home values like in Shady Spring, WV?
The Census Bureau's American Community Survey puts Shady Spring's median home value at $192,000. Raleigh County's current median listing price runs $162,000, down about 14.6% over the past year.
What is the population of Shady Spring, WV?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Shady Spring's population at approximately 3,455.
What's the median rent in Shady Spring, WV?
The Census ACS estimates median gross rent in Shady Spring at approximately $923 per month.
What is the median household income in Shady Spring, WV?
Census ACS data puts the median household income in Shady Spring at approximately $70,792.
Is the Shady Spring housing market growing?
Raleigh County's FHFA house price index shows a 9.15% annual change in 2025.
Is Shady Spring, WV affordable relative to income?
Census ACS data puts Shady Spring's median home value at about 2.7 times the median household income, with median gross rent equal to roughly 16% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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