West Virginia
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






West Virginia Real Estate Market & Appreciation

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value:
$138,358

Number Of Homes And Apartments:
732,585

West Virginia Home Prices

> $1,143,002
0.4%
0.4%
$857,303 - $1,143,002
0.4%
0.4%
$571,493 - $857,302
1.5%
1.5%
$456,976 - $571,492
1.8%
1.8%
$343,145 - $456,975
5.3%
5.3%
$228,561 - $343,144
14.0%
14.0%
$114,418 - $228,560
34.1%
34.1%
$57,201 - $114,417
25.8%
25.8%
$0 - $57,200
16.7%
16.7%
0.0% 100.0%
% OF HOMES

West Virginia Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2021 Q1 - 2021 Q2
2.23% 9.21%
1
Last 12 Months:
2020 Q2 - 2021 Q2
7.36% 7.36%
1
Last 2 Years:
2019 Q2 - 2021 Q2
11.27% 5.49%
2
Last 5 Years:
2016 Q2 - 2021 Q2
18.09% 3.38%
1
Last 10 Years:
2011 Q2 - 2021 Q2
29.32% 2.60%
1
Since 2000:
2000 Q1 - 2021 Q2
74.82% 2.66%
1
* 10 is highest

Rent & Homeownership

Average Market Rent:
$957 / per month

Homeownership Rate

Owners
71.3%
71.3%
Renters
28.7%
28.7%
Vacant
17.9%
17.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
15.1%
15.1%
1970 - 1999
41.9%
41.9%
1940 - 1969
27.1%
27.1%
1939 or Older
15.9%
15.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
70.8%
70.8%
Townhomes
2.3%
2.3%
Small Apt. Buildings
4.9%
4.9%
Apt. Complexes
7.2%
7.2%
Mobile Homes
14.8%
14.8%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.0%
2.0%
1 Bedroom
7.3%
7.3%
2 Bedrooms
27.8%
27.8%
3 Bedrooms
46.2%
46.2%
4 Bedrooms
13.7%
13.7%
5 or more bedrooms
3.0%
3.0%
0.0% 100.0%
% OF HOMES