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These days, finding an affordable place to live in the West Virginia area can be challenging. Home prices in West Virginia are now at a median cost of $177,366, lower than the the United States average of $419,293.
The average cost of rent is $905/mo in West Virginia, primarily driven by the current value of real estate in the West Virginia area. In West Virginia, 25.12% of households rent, and 53.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in West Virginia is $5,471 per month. Households that rent pay about 16.55% of their income on rent here. West Virginia’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the state.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby States
- Virginia: higher priced homes
- Ohio: higher priced homes
- District of Columbia: higher priced homes
- Maryland: higher priced homes
- Pennsylvania: higher priced homes
- North Carolina: higher priced homes
- Kentucky: higher priced homes
- Delaware: higher priced homes
- Indiana: higher priced homes
- South Carolina: higher priced homes
States with Similar Populations
- South Carolina: higher priced homes
- Massachusetts: higher priced homes
- Michigan: higher priced homes
- Minnesota: higher priced homes
- Mississippi: equally priced homes
- Missouri: higher priced homes
- Ohio: higher priced homes
- Oklahoma: higher priced homes
- Oregon: higher priced homes
- Puerto Rico: less expensive homes
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