Commercial Real Estate Market in Shanks, WV
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 11 off-market properties in Shanks, WV.
Market Trends
Shanks, WV spans 11.0 square miles in Hampshire County, West Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Shanks, 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 Shanks, WV runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Shanks, 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 Shanks, WV runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Shanks, WV has 637 residents in 412 households. Density runs 58 people per square mile. Median household income here is $25,362.
637
Population
412
Households
1.5
Avg Household Size
46
Median Age
22%
College-Educated
90%
High-School Grad
11 sq mi
ZIP Area
58
Density / Sq Mi
$25,362
Median Household Income
$0
Median Earnings
$0
Median Rent
$79,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Romney | — | — |
| Three Churches | — | — |
| Augusta | — | — |
| Rio | — | — |
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Shanks, 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.
- 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
