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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 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (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:
$158,354

Number Of Homes And Apartments:
734,235

West Virginia Home Prices

> $1,234,791
$926,140 - $1,234,791
$617,324 - $926,139
$494,290 - $617,323
$370,502 - $494,289
$246,915 - $370,501
$123,527 - $246,914
$61,828 - $123,526
$0 - $61,827
0.5%
0.5%
0.5%
0.5%
1.5%
1.5%
2.1%
2.1%
6.2%
6.2%
15.3%
15.3%
34.3%
34.3%
24.2%
24.2%
15.4%
15.4%
0.0% 100.0%
% OF HOMES

West Virginia Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2022 Q1 - 2022 Q2
4.78% 20.53%
1
Last 12 Months:
2021 Q2 - 2022 Q2
14.79% 14.79%
2
Last 2 Years:
2020 Q2 - 2022 Q2
23.67% 11.21%
1
Last 5 Years:
2017 Q2 - 2022 Q2
34.42% 6.09%
1
Last 10 Years:
2012 Q2 - 2022 Q2
46.27% 3.88%
1
Since 2000:
2000 Q1 - 2022 Q2
100.76% 3.18%
1
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,098 / per month

Homeownership Rate

Owners
Renters
Vacant
71.7%
71.7%
28.3%
28.3%
17.8%
17.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
15.4%
15.4%
41.9%
41.9%
26.8%
26.8%
15.8%
15.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
71.1%
71.1%
2.2%
2.2%
4.8%
4.8%
7.2%
7.2%
14.6%
14.6%
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.9%
1.9%
7.2%
7.2%
27.5%
27.5%
46.2%
46.2%
14.0%
14.0%
3.2%
3.2%
0.0% 100.0%
% OF HOMES