menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Ripley, WV Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Ripley, WV Housing Market Trends

With a population of 3,063, 1,445 total housing units (homes and apartments), and a median house value of $176,263, house prices in Ripley are solidly below the national average.

Single-family detached homes are the single most common housing type in Ripley, accounting for 50.87% of the city's housing units. Other types of housing that are prevalent in Ripley include duplexes, homes converted to apartments or other small apartment buildings ( 26.14%), large apartment complexes or high rise apartments ( 11.95%), and a few mobile homes or trailers ( 7.96%).

People in Ripley primarily live in small (one, two or no bedroom) single-family detached homes. Ripley has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Ripley built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Ripley built between 1940-1969 ( 24.79%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.65%). There's also some housing in Ripley built before 1939 ( 5.07%).

Ripley Home Appreciation Rates

Ripley's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Ripley during the period has been just 4.14%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Ripley's appreciation rate, at 5.12%, has been at or slightly above the national average. In the latest quarter, Ripley's appreciation rate has been 5.03%, which annualizes to a rate of 21.69%.

Importantly, this makes Ripley one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to West Virginia, our data show that Ripley's latest annual appreciation rate is lower than 70% of the other cities and towns in West Virginia.

Average Home Values

Median Home Value

$176,263

Ripley, WV Home Prices
> $1,296,000
$972,001 - $1,296,000
$648,001 - $972,000
$518,001 - $648,000
$389,001 - $518,000
$259,001 - $389,000
$129,001 - $259,000
$65,001 - $129,000
$0 - $65,000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
3.8%
3.8%
4.9%
4.9%
11.0%
11.0%
55.9%
55.9%
24.3%
24.3%
0.1%
0.1%
0% 100.0%
% of Homes
High

for West virginia

Low

for nation

Number of Homes And Apartments:

1,445

Ripley Appreciation Rates

Rent & Ownership

Average Market Rent:

$891 / per month

Homeownership Rate

Owners
Renters
42.4%
42.4%
57.6%
57.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.2%
7.2%
92.8%
92.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
5.7%
5.7%
64.5%
64.5%
24.8%
24.8%
5.1%
5.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
50.9%
50.9%
3.1%
3.1%
26.1%
26.1%
11.9%
11.9%
8.0%
8.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.3%
4.3%
25.8%
25.8%
23.7%
23.7%
39.2%
39.2%
4.5%
4.5%
2.5%
2.5%
0% 100.0%
% of Homes

Popular Neighborhoods in Ripley

Zip Codes in Ripley, WV