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Sarah Mitchell

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Compass Real Estate · West Virginia

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

West Virginia(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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West Virginia housing market

West Virginia housing market summary

The typical home in West Virginia is worth $179,496, up 3.1% over the past year. Homes that actually closed went for a median of $265,200 after 50 days on market. On supply, pricing discipline, and speed of sale, West Virginia currently reads as a balanced market at 3.3 months of supply. At today's 7.03% 30-year fixed rate, that typical home costs $958 a month in principal and interest with 20.0% down.

Sources: Zillow, August 2026 · Refreshes monthly · Redfin, through May 2026 · Freddie Mac via FRED, September 2026

West Virginia housing market at a glance

Every tile carries the provider and the month it was published

Typical home value

$179,496

+3.1% YoY · Zillow, August 2026

Median sale price

$265,200

Redfin, through May 2026

Typical asking rent

$1,211/mo

Median of 19 cities · Zillow, August 2026

30-yr fixed rate

7.03%

Freddie Mac via FRED, September 2026

Monthly P&I

$958

20.0% down, 30-yr fixed

Days on market

50

+2 days YoY

Active listings

4,189

-6.2% YoY

Median household income

$57,917

U.S. Census ACS, 2023

Typical home value is Zillow's ZHVI — the value of a typical home across the whole housing stock, not just the homes that sold. Median sale price is what actually closed. Redfin stopped publishing public market trackers in June 2026; latest available period is May 2026.

Where West Virginia home prices are heading

West Virginia's typical home value is $179,496, up 3.1% over 12 months. The two-year number matters more than the one-year number: it spans a full rate cycle rather than a single seasonal swing. Values are at or within a rounding error of their two-year high.

Against the national picture, West Virginia runs 51.3% below the U.S. typical home value of $368,697, and its 12-month move of +3.1% is outpacing the national pace of +1.2%.

What would have to change for West Virginia prices to fall. Prices fall when supply outruns demand for long enough that sellers compete on price rather than waiting. West Virginia is carrying 3.3 months of supply — below the four-month line, so inventory would have to roughly double before sellers lose pricing power. Active listings are -6.2% year over year and new listings -5.0%, so supply is still tightening, which supports prices even with weak demand. The other lever is the rate. At 7.03%, existing owners with cheaper mortgages have little reason to list, which is what has kept supply artificially low across most of the country. A sustained move down in rates unlocks those sellers and adds inventory; it also adds buyers. Which side moves first decides the direction.

Market trends

Statewide monthly series · Redfin, through May 2026 · No longer updating · Redfin stopped publishing public market trackers in June 2026; latest available period is May 2026.

What it costs to buy in West Virginia at today's rate

Down payment

$35,899

20.0% of value

Loan amount

$143,597

30-yr fixed

Monthly P&I

$958

at 7.03%

Income needed

$41,057

28.0% front-end ratio

A buyer purchasing the typical West Virginia home at $179,496 puts $35,899 down, finances $143,597, and pays $958 a month in principal and interest. Property taxes, homeowners insurance, HOA dues, and mortgage insurance sit on top of that and vary by county — budget for them separately rather than assuming the P&I figure is the payment.

Lenders typically want principal and interest under 28.0% of gross income, which puts the qualifying income for that purchase at roughly $41,057. West Virginia's median household earns $57,917 (Census ACS 2023) — a gap of $16,860 below what the median household brings in. Put differently, the median household would spend 19.8% of gross income on principal and interest alone — inside the ratio most lenders underwrite to.

The value-to-income ratio in West Virginia is 3.1x. Under about 3.5x, local earnings still support local prices — historically the normal range. Model your own numbers in the affordability calculator or the mortgage calculator.

Figures are illustrative, not a quote or a pre-approval. Rate: Freddie Mac via FRED, September 2026 · Value: Zillow, August 2026 · Income: U.S. Census ACS, 2023

Buying in West Virginia in the next 12 months?

Tell us your timeline. We send the West Virginia market brief: the price ranges that are actually clearing, the cities where your budget goes furthest, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Rent or buy in West Virginia?

Zillow publishes its rent index per city rather than per state, so the honest statewide read is the median across the 19 largest West Virginia cities that carry it: $1,211 a month. Set against a typical home value of $179,496, that is a price-to-rent ratio of 12.4x.

Under 15x, buying tends to beat renting for anyone staying more than a few years — the rent you avoid does more work than the capital you tie up. Principal and interest on the typical home runs $253 less per month than that typical rent — and that is before taxes, insurance, and the roughly 1% of value a year most owners spend on maintenance.

For a second read on the same question, the Census ACS puts median gross rent across all West Virginia households — every unit type, not just what is currently listed — at $850 a month (2023), with 74.3% of West Virginia households owning rather than renting. Asking rents lead the ACS figure because they reflect today's new leases rather than the whole stock of existing ones.

Run the rent-vs-buy calculator with your own holding period and down payment — the statewide ratio is a starting point, not an answer.

Supply: what is on the market in West Virginia

West Virginia inventory, new listings, sales, and supply, latest month versus the same month a year earlier
MeasureLatestYear earlierChange
Active listings4,1894,468-6.2%
New listings1,8451,943-5.0%
Homes sold1,2621,427-11.6%
Months of supply3.33.1+0.2
Sale-to-list ratio97.7%97.3%Below asking

What these mean. Active listings is the shelf — everything a buyer could tour today. New listings is restock rate; when it falls faster than sales, the shelf empties. Months of supply is active inventory divided by homes sold per month: at the current sales pace, how many months it would take to sell every home currently listed. Under 4 months of supply tilts toward sellers, 4 to 5 months is the neutral band, and above 5 months tilts toward buyers — above 7 months is a glut. These are the same thresholds the market verdict on every city and ZIP page is scored against. Sale-to-list ratio is the discipline check — above 100% means homes are clearing over asking on average, below means sellers are conceding.

Redfin, through May 2026 · No longer updating — Redfin stopped publishing public market trackers in June 2026; latest available period is May 2026. Zillow's inventory and new-listing counts are published per city and appear on the individual city pages.

Where West Virginia home values are moving fastest

12-month change in typical home value · Zillow, August 2026

Rising fastest

  1. 1.McMechen+25.9%
  2. 2.Mason+22.6%
  3. 3.Newell+14.6%
  4. 4.Enterprise+14.2%
  5. 5.Ansted+13.4%
  6. 6.Madison+12.2%
  7. 7.Glasgow+11.8%
  8. 8.New Haven+8.4%

Computed from Zillow's typical home value for each city at August 2026 against the same month a year earlier, across the 150 largest West Virginia cities by population. Small markets swing hardest because a handful of transactions moves the index — read the city page before treating a large move as a trend.

The most and least expensive cities in West Virginia

Typical home value across the 150 largest cities · Zillow, August 2026

Most expensive

  1. 1.Shepherdstown$487,807
  2. 2.Shenandoah Junction$454,871
  3. 3.Charles Town$407,437
  4. 4.Inwood$325,529
  5. 5.North Hills$323,784
  6. 6.Falling Waters$319,842
  7. 7.Martinsburg$312,100
  8. 8.Bolivar$310,399
  9. 9.Bridgeport$304,103
  10. 10.Winfield$300,676

Most affordable

  1. 1.Montgomery$74,924
  2. 2.Newell$84,409
  3. 3.Lashmeet$85,174
  4. 4.Logan$87,745
  5. 5.Kingwood$90,580
  6. 6.Chesapeake$92,838
  7. 7.McMechen$94,206
  8. 8.East Bank$97,732
  9. 9.Marmet$99,751
  10. 10.Monongah$101,309

The spread between Shepherdstown and Montgomery is 6.5x — one reason a single statewide number is close to useless for a buyer with a fixed budget. Pick the city first, then the price band. Speed is a separate axis from price: Alum Creek was the quickest of these markets to clear at 2 days on market (Redfin, through May 2026).

How West Virginia compares

West Virginia typical home value, 12-month change, median household income, and value-to-income ratio compared with the United States and neighboring states
MarketTypical value12-mo changeMedian incomeValue / income
West Virginia$179,496+3.1%$57,9173.1x
United States$368,697+1.2%——
Virginia$414,662+2.2%$90,9744.6x
Ohio$248,803+3.4%$69,6803.6x
Pennsylvania$290,401+2.4%$76,0813.8x

The three states above are West Virginia's nearest land neighbours — the markets buyers most often price against when a move is still negotiable. West Virginia is the cheapest of this group on a typical-value basis, which is what makes it a destination rather than an origin for cross-state moves.

Values and 12-month changes: Zillow, August 2026 · Refreshes monthly. Income: U.S. Census ACS, 2023. ACS publishes household income per state, not for the nation on the same basis, so the U.S. row shows home value only.

West Virginia housing markets by city

304 cities tracked — the 60 largest by population shown

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What to do next in West Virginia

If you are buying

  1. Set the payment before the price. Start from what you can carry monthly, then work backwards with the affordability calculator — the typical West Virginia home is $958/mo in P&I today.
  2. Pick the city, not the state. Values across West Virginia run from $74,924 in Montgomery to $487,807 in Shepherdstown.
  3. Put two finalists head to head in the city comparison tool before you tour anything.
  4. Fix the credit file before you shop the rate. A better score moves the payment more than haggling over price does at 7.03%.

If you are selling

  1. Price against your city, not the statewide figure — the spread between West Virginia markets is wider than the year-over-year move in any of them.
  2. Read the supply table above. At 3.3 months of supply, you still set the terms — but only if the home is priced to the comps on day one.
  3. Watch days on market in your city, not the state. The statewide median was 50 days (Redfin, through May 2026); your city page carries its own.
  4. Time the listing against new-listing volume. New listings are -5.0% year over year — less competition than a year ago.

West Virginia housing market questions

What is the typical home value in West Virginia?

The typical home value in West Virginia is $179,496 (Zillow, August 2026). That is a +3.1% change over the past 12 months. The median price of homes that actually sold was $265,200 (Redfin, through May 2026); sale prices skew toward whatever segment is transacting, which is why they differ from the typical-value figure.

Are West Virginia home prices going up or down?

West Virginia home values are up 3.1% year over year (Zillow, August 2026). Values are at or near their highest reading in the past two years.

How much income do you need to buy a home in West Virginia?

At the current 30-year fixed rate of 7.03%, a $179,496 home with 20.0% down carries roughly $958 a month in principal and interest. Using the 28% front-end ratio most lenders underwrite to, that implies a household income of about $41,057 before taxes, insurance, HOA dues, or mortgage insurance are added. West Virginia's median household income is $57,917 (Census ACS, 2023), a gap of $16,860 below the median household. These figures are illustrative, not a quote or a pre-approval.

Is it cheaper to rent or buy in West Virginia?

Typical asking rent across the largest West Virginia cities Zillow publishes rent data for is $1,211 a month (median of 19 cities, Zillow, August 2026). Against a typical home value of $179,496, that is a price-to-rent ratio of 12.4x. Ratios under about 15x generally favour buying if you plan to stay put; above about 20x, renting and investing the difference tends to win over short horizons. Principal and interest alone runs $253 less than that typical rent each month, before taxes, insurance, and maintenance.

Which West Virginia cities are the most affordable?

Among the largest cities we track in West Virginia, the lowest typical home values are in Montgomery ($74,924), Newell ($84,409), Lashmeet ($85,174), Logan ($87,745), Kingwood ($90,580). Values are Zillow's typical-home-value index for August 2026.

Which West Virginia cities are the most expensive?

The highest typical home values among the largest West Virginia cities are in Shepherdstown ($487,807), Shenandoah Junction ($454,871), Charles Town ($407,437), Inwood ($325,529), North Hills ($323,784). Price per square foot, inventory, and days on market for each are on the individual city pages.

Which West Virginia cities are appreciating the fastest?

Over the past 12 months the largest home-value gains among West Virginia cities we track were in McMechen (+25.9%), Mason (+22.6%), Newell (+14.6%), Enterprise (+14.2%), Ansted (+13.4%). Fast appreciation usually reflects constrained supply, in-migration, or a small transaction base — check the individual city page before reading it as a trend.

How long do homes take to sell in West Virginia?

Homes in West Virginia spent a median of 50 days on market in the last month Redfin published (Redfin, through May 2026). That is 2 days slower than the same month a year earlier. The quickest market among the state's largest cities was Alum Creek at 2 days. Redfin stopped publishing public market trackers in June 2026; latest available period is May 2026.

How does West Virginia compare to neighboring states?

West Virginia's typical home value of $179,496 compares with Virginia at $414,662, Ohio at $248,803, Pennsylvania at $290,401. The U.S. typical home value is $368,697, putting West Virginia 51.3% below the national figure.

Is now a good time to buy in West Virginia?

That depends on your timeline, not the headline. The measurable inputs today: a 30-year fixed rate of 7.03%, 3.3 months of supply statewide (Redfin, through May 2026), active listings -6.2% year over year, and home values +3.1% over the past year. Buyers with a five-year-plus horizon are mostly exposed to the payment, not the price, so the rate you can qualify for matters more than the month you buy. Properties Incorporated is an independent data platform, not a brokerage or lender — this is information, not advice.

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