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Housing in Institute

Homes in Institute

Home prices around Institute have risen about 32% over the past 5 years.

2-bedroom rent
$1,070
a month, utilities in · HUD

What kind of housing town is Institute?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Price trend

Home prices up 32% in 5 years

The federal house price index for the ZIP codes around Institute rose 32% over the past 5 years, slower than across West Virginia (40%). Last year prices fell 4.2%.

Institute areaWest Virginia
−50%0%+50%+100%+150%200020052010201520202025
−4.2%
past year
+32%
past 5 years
+34%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Institute, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,070

Renters already here pay a median of $1,000.

Fair Market Rent a month, utilities included

Studio$740
1 bedroom$860
2 bedrooms$1,070
3 bedrooms$1,370
4 bedrooms$1,420
36%
of households rent · WV 25%
40
renter households
$1,000
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Charleston, WV HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

2 of Institute’s houses are on the National Register

Half of Institute’s homes were built before 1991.

History →
Owners and renters
Own 64%Rent 36%

West Virginia: 75% own.

1991
typical home built · WV 1976
Historic houses in Institute

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error. Historic houses: National Register of Historic Places.

Next door

Institute vs. its neighbors

The towns that share a border with Institute. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Institute—−4.2%†$1,070—$42,315
Nitro$144K−0.8%$1,0507$53,848

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Institute buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Institute still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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