Housing in Cheat Lake, WV
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$412,500
Median List Price
$499,450
Price Per Sq Ft
$161
Days on Market
106
Active Inventory
38
Months of Supply
4.8
Balanced market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
25.0%
Sale-to-List Ratio
96.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
8
New Listings
8
Pending Sales
8
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$161
Median List $/SF
$177
Cheat Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Cheat Lake is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$345,500
Median Rent
$1,113
Total Housing Units
4,555
Vacancy Rate
6.5%
Owner Occupied
80.2%
Renter Occupied
19.8%
Median Property Tax
$1,714
per year
Monthly Cost (w/ Mortgage)
$1,393
Housing Types
The current median sale price in Cheat Lake, WV is $412,500 according to Redfin data. Homes spend a median of 106 days on the market. 0.0% of homes sold above asking price. The market has 4.8 months of supply. The median price per square foot is $161. The median rent is $1,113 per month (Census ACS). About 80.2% of housing units are owner-occupied. The median year homes were built is 1993. There are 4,555 total housing units.