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Cheat Lake CDP, WV

ZIP 26508 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 26508

Median Home Value
$287,700
Median Rent
$818
Affordability Snapshot
$79,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,848/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.5x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

29.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 26508 in Cheat Lake CDP, WV, a household would need roughly $79,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,848. That is roughly in line with the local median household income ($83,247). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
75.2%+15% vs US avg
x
Vacancy Rate
6.8%-34% vs US avg
x
Broadband Access
90.0%+3% vs US avg
x
4+ Bedrooms
6.1%-59% vs US avg
x
Built Pre-1939
2.4%-81% vs US avg
x
Built Post-2014
1.7%-75% vs US avg
x
Rent Burden >30%
27.3%-45% vs US avg
x
Mortgage-Free
37.4%-2% vs US avg
x
$287,700
Home Value
$818
Rent
1998
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached61.5%
  • 1-unit attached9.4%
  • 2-9 units8.6%
  • 10+ units9.5%
  • Mobile home & other10.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$287,700
Median rent$818
Owner-occupied75.2%
Vacant6.8%
Price-to-income3.5x
Est. income to buy$79,000