West Virginia
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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West Virginia Real Estate Values & Housing Market Data

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 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$118,190

Number Of Homes And Apartments:
739,397

West Virginia Home Prices

Value Range
> $1,120,882 0.4
$840,790 - $1,120,882 0.3
$560,406 - $840,789 1.1
$448,261 - $560,405 1.4
$336,230 - $448,260 4.1
$224,100 - $336,229 12.2
$112,058 - $224,099 33.5
$56,002 - $112,057 27.2
$0 - $56,001 19.8

West Virginia Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q4 - 2018 Q1
0.05% 0.20%
2
Last 12 Months:
2017 Q1 - 2018 Q1
3.74% 3.74%
2
Last 2 Years:
2016 Q1 - 2018 Q1
5.11% 2.53%
1
Last 5 Years:
2013 Q1 - 2018 Q1
12.30% 2.35%
1
Last 10 Years:
2008 Q1 - 2018 Q1
6.79% 0.66%
4
Since 2000:
2000 Q1 - 2018 Q1
56.20% 2.51%
3
* 10 is highest


Rent & Homeownership

Average Market Rent:
$860 / per month

Homeownership Rate

Homeownership
Owners 70.57
Renters 29.43
Vacant 16.43

Housing Details

Age of Homes

AGE OF West Virginia HOMES
2000 or Newer 13.4
1970 - 1999 42.6
1940 - 1969 27.7
1939 or Older 16.3

Types of Homes

TYPE OF West Virginia HOMES
Single-Family 70.5
Townhomes 2.2
Small Apt. Buildings 4.9
Apt. Complexes 7.3
Mobile Homes 15.1
Other 0.1

Home Size

SIZE OF West Virginia HOMES
No Bedroom 2.03
1 Bedroom 7.23
2 Bedrooms 28.09
3 Bedrooms 46.51
4 Bedrooms 13.16
5 or more bedrooms 2.98