Rankings/Huntington-Ashland, WV-KY-OH

Huntington-Ashland, WV-KY-OH

NeutralTier 1CBSA 26580Compare

Risk Rank: #222 of 287Month: 2025-12Score change (12m):↓ -10

42score

Composite risk percentile vs 287 metros (higher = higher risk)

Cycle Phase

Huntington has maintained relatively stable market conditions throughout the observation period, currently in Recovery.

Recovery

Expansion

Hypersupply

Recession

In Recovery for 3 months·Previously: Recovery

Market conditions are rebuilding after a correction period

Recovery

Expansion

Hypersupply

Recession

Huntington's housing market shows average risk, ranking 222nd of 287 metros. The market recently entered Recovery. Current conditions are balanced with stable liquidity.

Executive Summary

Risk is Neutral, driven primarily by permit growth and migration. The market is in Recovery phase. Liquidity is stable and valuation is balanced.

Top Risk Drivers (This Month)

Permit Growth

p96 (highest risk decile)

YoY permit change

Migration

p51 (moderate)

Net AGI migration (risk inverted)

Price Momentum

p43 (below average risk)

12-month HPI change

Market Signals

Inventory is growing at a moderate +6% pace with homes taking -2% longer to sell — within normal ranges.

Liquidity

Stable—

Active Listings YoY

+5.9%p55

Days on Market YoY

-1.5%p45

Months in status6

Data through Dec 2025

Valuation

Balanced↑

Rent vs. Price Growth

+3.9%p95

Months in status22

Data through Dec 2025Rent growth vs price growth (rent support). Note: Affordability and Valuation measure different structural dimensions and can diverge.

Factor Details

Factor Breakdown

Price Momentum43

12-month HPI change — higher = overheating

Permit Growth96

YoY permit change — higher = supply pressure

Permits per Capita7

Permits per 1,000 residents — higher = overbuilding risk

Affordability31

Mortgage payment / income — higher = more burdened

Employment27

12-month employment change (risk inverted)

Migration51

Net AGI migration (risk inverted)

Underlying Values

Metric	Value	Pctile
Price Momentum	+2.0%	p43
Permit Growth	+68.3%	p96
Permits/1K Pop	1.22	p7
Affordability	0.25	p31
Employment	+0.8%	p27
Net AGI Migration	+$10K	p51

National ContextDoes not affect score

Credit Conditions

Credit Regime

Stable—

Healthy recovery. Credit is flowing normally and transactions are steady — conditions favor continued rebuilding.

Bank Lending Standards

-5.7Normal

Rate Change (YoY)

-74 bpsNormal

Mortgage Risk Premium

+189 bpsElevated

Stable for 8 quartersData through 2026-Q1

Supply Pipeline

Supply Regime

Accumulating—

Supply pipeline is building up while credit remains available. New units are accumulating in the system — watch for delivery pressure in coming quarters.

Pipeline Ratio

0.91High

Completion-Permit Divergence

-3.2 ppNormal

Accumulating for 3 quartersData through 2025-Q4

Local SignalsDoes not affect score

Metro Permit Activity

Permit Activity

Surge

YoY Permit Growth

+68.3%Far above norm

Raw signal — not the composite percentile

Relative to 2016–2019 norms for this metro

Based on limited permit volume

Permit activity is surging and demand is absorbing it. Both sides of the market are running hot — monitor for overheating if liquidity shifts.

Liquidity

Stable—

Active Listings YoY+5.9%

Days on Market YoY-1.5%

AssessmentBalanced conditions

Stable for 6 monthsData through Dec 2025

Internal Structure

Huntington's 7 counties show moderate divergence — Lawrence County carries the most risk (Elevated) while Carter County anchors the lower end.

Moderate14.8

7 of 8 counties scored

Huntington, WV-KY-OH shows Moderate internal divergence — some counties diverge meaningfully from the metro picture. Lawrence County contributes the most structural risk (Elevated, driven by price momentum), while Carter County anchors the lower end (Below Average).

Within-metro factor percentiles (0 = lowest risk, 100 = highest risk)

County	Score ▼	Band	Pop %	Price	Permits	Afford
Lawrence CountyRisk Driver	72	Elevated	14.3%	83	50	83
Putnam County	61	Elevated	14.3%	17	100	67
Greenup County	61	Elevated	14.3%	67	67	50
Boyd County	50	Average	14.3%	33	83	33
Lawrence CountyUnscored	50	Average	—	—	—	—
Wayne County	44	Below Average	14.3%	100	33	0
Cabell County	33	Below Average	14.3%	0	0	100
Carter CountyStabilizer	28	Below Average	14.3%	50	17	17

Score History

Month	Phase	Score	Price	Permits	Afford	Employ	Migr
2025-11	Rec	43	31	97	30	36	50
2025-09	Exp	44	45	97	30	27	50
2025-07	Exp	52	90	97	30	35	50
2025-06	Hyp	52	95	97	31	25	50
2025-05	Exp	58	94	97	31	60	50
2025-04	Rec	58	93	97	31	62	50
2025-02	Rec	52	71	97	31	51	50
2025-01	Exp	56	59	97	31	83	50
2024-11	Exp	53	76	97	35	45	50
2024-08	Rec	40	17	97	23	41	50
2024-06	Rec	46	43	97	24	48	50
2024-05	Exp	45	63	97	23	22	50
2024-03	Exp	55	88	97	29	53	50
2023-12	Exp	58	82	97	37	71	50
2023-09	Exp	51	52	97	31	64	50
2023-07	Rec	52	45	97	31	74	50
2023-05	Rec	51	27	97	25	93	50
2023-04	Exp	49	30	97	25	79	50
2023-02	Exp	51	39	97	32	74	50
2022-12	Rec	48	23	97	26	82	50
2022-10	Rec	47	24	97	26	75	50
2022-09	Exp	45	16	97	26	67	50
2022-07	Exp	45	10	97	26	76	50
2022-04	Exp	40	4	97	24	55	50
2022-03	Rec	41	10	97	29	48	50
2022-01	Rec	40	3	97	29	48	50
2021-12	Exp	46	2	97	41	65	57
2021-10	Exp	48	3	97	41	76	57
2021-07	Exp	52	5	97	45	95	57
2021-04	Rec	46	7	97	44	58	57
2021-02	Rec	54	39	97	54	65	57
2021-01	Exp	52	35	97	54	60	57
2020-11	Exp	48	30	97	52	45	51
2020-10	Rec	46	30	97	52	32	51
2020-08	Rec	52	55	97	54	43	51
2020-05	Rec	52	44	97	51	56	51
2020-02	Rec	51	23	97	52	70	51
2019-11	Exp	53	41	97	53	69	43
2019-09	Exp	58	59	97	53	80	43
2019-08	Rec	55	41	97	53	81	43
2019-06	Rec	46	1	97	50	70	43
2019-03	Exp	52	11	97	57	88	43
2019-01	Exp	50	17	97	57	72	43

Data Vintages

Price (HPI)2025-Q3

Permits2025-12

Income2024

Employment2025-12

Migration2022