JeffCroweCRE

Housing market/West Virginia/ZIP 24739

ACS 2023 · FY2027 SAFMR

ZIP 24739 Oakvale, Summers County, West Virginia

Summers County, WV · West Virginia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
13,093
Households
5,786
Median HH income
$54,096
Renter share
22.9%
Median gross rent
$850
Vacancy
11.7%
Pop. change
—
2BR SAFMR
$1,030
SAFMR / rent
1.212×
2–49 unit stock
481
LIHTC proj / units
2 / 86
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 24739 · WV — sent to you.

ZIP 24739 · WV

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ACS rent vs 2BR SAFMR

ZIP 24739 — Oakvale, WV HUD Section 8 Payment Standards / SAFMR →
ACS median rent$850
2BR SAFMR$1,030
90% floor$927
110% ceiling$1,133

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 24739

  • 1-unit detached4,03061.5%
  • 1-unit attached1582.4%
  • 2–4 units560.9%
  • 5–49 units4256.5%
  • 50+ units110.2%
  • Mobile1,86928.5%
TypeUnitsShare
1-unit detached4,03061.5%
1-unit attached1582.4%
2 units (duplex)470.7%
3–4 units90.1%
5–9 units2203.4%
10–19 units620.9%
20–49 units1432.2%
50+ units110.2%
Mobile1,86928.5%

2–4 unit share 0.9% · 5–49 unit share 6.5% · combined 2–49 7.3%.

Units by bedrooms

Studio
48
1BR
93
2BR
1,747
3BR
3,714
4BR
691
5+
256

Rent burden

Rent ≥30% of income40.3%
Rent ≥50% of income21.8%
  • ACS median gross rent $850 (all bedrooms, occupied rentals).
  • Median contract rent $561.
  • Renters paying ≥30% of income 40.3%; ≥50% 21.8%.
  • FY2027 2BR SAFMR $1,030 (1.212× ACS median gross rent).

Population

13,093 residents · ACS 2023

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 2 projects, 86 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

What the data shows

ZIP 24739 22.9% of occupied households are renters; vacancy is 11.7%; ACS median gross rent is $850; the housing stock includes 56 units in 2–4-unit structures and 425 units in 5–49-unit structures; 2 LIHTC projects totaling 86 units; FY2027 2BR SAFMR is $1,030 versus ACS median gross rent of $850. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

West Virginia research

ZIP 24739 is a Census / HUD profile for Summers County, WV. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 24739 — Oakvale, WV HUD Section 8 Payment Standards / SAFMR·West Virginia ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
24910Summers County, WV22.7%$806$94024918Summers County, WV34.7%$664$94024935Summers County, WV8.9%—$94024943Summers County, WV0.0%—$94024962Summers County, WV0.0%—$94024963Summers County, WV15.7%$847$99024981Summers County, WV44.5%—$94024985Summers County, WV11.6%—$94025825Summers County, WV8.9%—$97025841Summers County, WV0.0%—$95025951Summers County, WV22.9%$890$94025966Summers County, WV0.0%—$940

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is West Virginia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 24739?

ZIP 24739 (Summers County, WV) has 13,093 residents, 5,786 households, a renter share of 22.9%, median household income of $54,096, and ACS 2023 median gross rent of $850. Vacancy is 11.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 24739?

ACS counts 47 units in 2-unit buildings, 9 in 3–4 unit buildings, 220 in 5–9, 62 in 10–19, and 143 in 20–49. Combined 2–49 unit stock is 481 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 24739?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,030. See the full schedule and 90–110% payment-standard band on the ZIP 24739 — Oakvale, WV HUD Section 8 Payment Standards / SAFMR.

Does this West Virginia ZIP profile include Georgia listings?

No. ZIP 24739 is Census / HUD research for Summers County, WV. Jeff Crowe CRE does not list West Virginia property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.