Shepherdstown, WV housing market
The typical Shepherdstown home is worth about $488,000, up 4.1% in a year, 172% above the West Virginia typical home.
Home values, sales, trends and how Shepherdstown compares with the towns next door — updated as new data is published.
Shepherdstown at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Shepherdstown | West Virginia |
|---|---|---|
| 2017 | $271,000 | $114,000 |
| 2018 | $286,000 | $116,000 |
| 2019 | $298,000 | $120,000 |
| 2020 | $306,000 | $122,000 |
| 2021 | $340,000 | $137,000 |
| 2022 | $390,000 | $149,000 |
| 2023 | $410,000 | $158,000 |
| 2024 | $428,000 | $163,000 |
| 2025 | $462,000 | $175,000 |
| 2026 | $477,000 | $176,000 |
| August 2026 | $488,000 | $180,000 |
1 new home permitted in 2025
Builders were permitted 1 new home in Shepherdstown in 2025. That's 0.7 per 1,000 residents, slower than across West Virginia (2.9). Over the past 10 years, Shepherdstown has permitted 80 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Shepherdstown's population fell by 203 even though 58 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $296,000 |
| 2024 | 1 | 1 | 0 | $600,000 |
| 2023 | 5 | 5 | 0 | $1.3 million |
| 2022 | 6 | 6 | 0 | $1.5 million |
| 2021 | 4 | 4 | 0 | $1 million |
| 2020 | 7 | 5 | 2 | $1.9 million |
| 2019 | 4 | 4 | 0 | $1.3 million |
| 2018 | 21 | 17 | 4 | $5.1 million |
| 2017 | 31 | 31 | 0 | $8.1 million |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 1 | 1 | 0 | $150,000 |
| 2014 | 1 | 1 | 0 | $300,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 2 | 2 | 0 | $700,000 |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 2 | 0 | 2 | $150,000 |
| 2001 | 1 | 1 | 0 | $54,000 |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
7.7 years of income
The typical Shepherdstown home costs about 7.7 years of the town's median household income, more than across West Virginia (3 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,240
HUD's Fair Market Rent for a two-bedroom in Shepherdstown is $1,240 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Shepherdstown pay a median of $1,201. A two-bedroom takes about 23% of the town's median household income.
Studio $930 · 4 bedrooms $2,070
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (25443; Martinsburg, WV HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Shepherdstown
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.