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 Q4 2020. 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:
$132,520

Number Of Homes And Apartments:
732,585

West Virginia Home Prices

> $1,108,318
0.4%
0.4%
$831,046 - $1,108,318
0.4%
0.4%
$554,365 - $831,045
1.5%
1.5%
$443,552 - $554,364
1.8%
1.8%
$332,617 - $443,551
5.3%
5.3%
$221,709 - $332,616
14.0%
14.0%
$110,813 - $221,708
34.1%
34.1%
$55,421 - $110,812
25.8%
25.8%
$0 - $55,420
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:
2020 Q3 - 2020 Q4
1.34% 5.47%
1
Last 12 Months:
2019 Q4 - 2020 Q4
4.88% 4.88%
2
Last 2 Years:
2018 Q4 - 2020 Q4
8.98% 4.39%
2
Last 5 Years:
2015 Q4 - 2020 Q4
14.61% 2.76%
1
Last 10 Years:
2010 Q4 - 2020 Q4
20.38% 1.87%
1
Since 2000:
2000 Q1 - 2020 Q4
68.80% 2.56%
2
* 10 is highest

Rent & Homeownership

Average Market Rent:
$923 / 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