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 Q2 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:
$117,798

Number Of Homes And Apartments:
739,397

West Virginia Home Prices

Value Range
> $1,120,124 0.4
$840,235 - $1,120,124 0.3
$560,203 - $840,234 1.1
$448,187 - $560,202 1.4
$336,110 - $448,186 4.1
$224,020 - $336,109 12.2
$112,001 - $224,019 33.5
$56,002 - $112,000 27.2
$0 - $56,001 19.8

West Virginia Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q1 - 2018 Q2
2.04% 8.42%
5
Last 12 Months:
2017 Q2 - 2018 Q2
4.35% 4.35%
3
Last 2 Years:
2016 Q2 - 2018 Q2
5.84% 2.88%
2
Last 5 Years:
2013 Q2 - 2018 Q2
13.53% 2.57%
1
Last 10 Years:
2008 Q2 - 2018 Q2
8.71% 0.84%
3
Since 2000:
2000 Q1 - 2018 Q2
58.65% 2.56%
3
* 10 is highest

Rent & Homeownership

Average Market Rent:
$863 / 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