Why Live in Charles Town
A small town in West Virginia’s eastern panhandle, Charles Town was established in the 1780s by Charles Washington, George Washington’s younger brother. Originally named Charleston, the town was renamed Charles Town to avoid confusion with the state’s capital city. The U.S. Census Bureau estimates that about 7,600 people were living in Charles Town as of 2023, and the population has steadily increased since 2010 as newcomers from nearby states relocate to the region. “New buyers coming here from Virginia and Maryland will have the West Virginia stereotypes in mind,” says Jess Derr, a real estate agent with Corcoran McEnearney who lives in the area. “I assure them we have hospitals, restaurants, high-speed internet. The eastern panhandle is very similar to surrounding areas.” The growing historic town has more spacious homes with a lower price tag than Virginia and Maryland houses, making it a viable option for commuters willing to drive over 50 miles to the Washington, D.C., area for work. Many homebuyers look to Charles Town because its median sales price is about $400,000, which is on par with the national average and significantly cheaper than cities closer to Washington, D.C.
Home Trends in Charles Town, WV
On average, homes in Charles Town, WV sell after 34 days on the market compared to the national average of 51 days. The median sale price for homes in Charles Town, WV over the last 12 months is $388,445, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$388,445
Median Single Family Sale Price
$428,990
Median Townhouse Sale Price
$316,798
Average Price Per Sq Ft
$184
Number of Homes for Sale
104
Last 12 months Home Sales
283
Median List Price
$400,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%