Commercial Real Estate Market in Davis, WV
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
69 active listings and 162 off-market properties in Davis, WV.
Market Trends
Davis, WV spans 143.7 square miles in Tucker County, West Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Davis, WV runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Davis, WV runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Davis, WV runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Davis, WV runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 70.5%
- Industrial 13.4%
- Mixed use 8.2%
- Open space 7.9%
Largest Zones share of zoned land by district
Town Residential
Commercial
Single Family Residential
Industrial
Recreational
Davis, WV zones 1,188 acres across 6 districts. Commercial zoning covers 70.5% of zoned land, open space 7.9% and industrial 13.4%. The largest single district is Town Residential at 39.3%. For commercial buyers the practical constraint is that only 84% of land carries a commercial or industrial designation.
Town Residential (R-2)
The purpose of the Town Residential District is to encourage a wider variety of housing. The R-2 district also allows limited business, commercial, community, and recreational facilities, provided that these are suitable for operation in close proximity to housing. The district is mostly made up of areas with a Home Owner Association (HOA) such as Tuscan Rid…
Market overview
Demographics & Economy
Davis, WV has 1,261 residents in 1,713 households. Density runs 9 people per square mile. Median household income here is $72,426 and median gross rent $650 a month.
1,261
Population
1,713
Households
0.7
Avg Household Size
53
Median Age
43%
College-Educated
95%
High-School Grad
143.7 sq mi
ZIP Area
9
Density / Sq Mi
$72,426
Median Household Income
$37,522
Median Earnings
$650
Median Rent
$205,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Thomas | — | — |
| Canaan Valley | — | — |
| Wilson | — | — |
| Hendricks | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Davis?
Davis, WV zones 1,188 acres across 6 districts, of which 70.5% is commercial and 13.4% industrial. The largest single district is Town Residential at 39.3% of zoned land. The purpose of the Town Residential District is to encourage a wider variety of housing. The R-2 district also allows limited business, commercial, community, and recreational facilities, provided that these are suitable for operation in close proximity to housing. The district is mostly made up of areas with a Home Owner Association (HOA) such as Tuscan Rid… Residential zoning covers 0% and open space 7.9%.
Where does Realmo's Davis market data come from?
Realmo compiles Davis, WV figures from 2 recent recorded sales, 69 active sale listings, 162 tracked off-market properties, the current Davis zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 69 active for-sale and 0 active for-lease listings in Davis, WV. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,188 zoned acres across 6 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
