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Barboursville, WV Real Estate Market

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 Q1 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

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

Barboursville, WV Housing Market Trends

With a population of 4,291, 1,581 total housing units (homes and apartments), and a median house value of $221,508, Barboursville real estate is some of the most expensive in West Virginia, although Barboursville home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Barboursville, accounting for 58.16% of the village's housing units. Other types of housing that are prevalent in Barboursville include large apartment complexes or high rise apartments ( 20.57%), row houses and other attached homes ( 12.47%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.80%).

The most prevalent building size and type in Barboursville are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 52.83% owning and 47.17% renting.

There is a lot of housing in Barboursville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Barboursville built between 1940-1969 ( 29.78%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.16%). There's also some housing in Barboursville built before 1939 ( 6.35%).

Barboursville Home Appreciation Rates

Barboursville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Barboursville during the period has been just 3.76%, which is lower than 80% of US communities.

Over the last year, Barboursville appreciation rates have trailed the rest of the nation. In the last twelve months, Barboursville's appreciation rate has been 4.03%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Barboursville were at -0.10%, which equates to an annual appreciation rate of -0.40%.

Relative to West Virginia, our data show that Barboursville's latest annual appreciation rate is lower than 80% of the other cities and towns in West Virginia.

Average Home Values

Median Home Value

$221,508

Barboursville, WV Home Prices
> $1,240,000
$930,001 - $1,240,000
$620,001 - $930,000
$496,001 - $620,000
$372,001 - $496,000
$248,001 - $372,000
$124,001 - $248,000
$62,001 - $124,000
$0 - $62,000
1.1%
1.1%
0.1%
0.1%
1.2%
1.2%
5.9%
5.9%
6.3%
6.3%
23.0%
23.0%
39.1%
39.1%
18.1%
18.1%
5.3%
5.3%
0% 100.0%
% of Homes
Very High

for West virginia

Average

for nation

Number of Homes And Apartments:

1,581

Barboursville Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,484 / per month

Homeownership Rate

Owners
Renters
Vacant
52.8%
52.8%
47.2%
47.2%
7.9%
7.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
20.2%
20.2%
43.7%
43.7%
29.8%
29.8%
6.4%
6.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
58.2%
58.2%
12.5%
12.5%
8.8%
8.8%
20.6%
20.6%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.4%
2.4%
12.4%
12.4%
28.3%
28.3%
46.9%
46.9%
8.7%
8.7%
1.3%
1.3%
0% 100.0%
% of Homes