The typical owner-occupied home in West Virginia is worth about $162,600, 51% below the national median of $332,700. Owners pay a median $865 a year in property taxes, about 0.53% of their home's value, lower than the national rate of 0.94%. The median household earns $59,608 a year, so the median home costs 2.7 times the median income (4.1 times for the U.S.). 75% of occupied homes here are lived in by their owners, and 46% of those owners still have a mortgage.
West Virginia at a glance
| West Virginia | U.S. | |
|---|---|---|
| Median home value | $162,600 | $332,700 |
| Median property tax paid per year | $865 | $3,119 |
| Property tax as a share of value | 0.53% | 0.94% |
| Median household income | $59,608 | $80,734 |
| Homes lived in by their owners | 75% | 65% |
| Owner homes with a mortgage | 46% | 61% |
| Median monthly costs, owners with a mortgage | $1,255 | $1,963 |
| Those costs as a share of the owners' income | 17.3% | 21.0% |
| Median rent | $872 | $1,413 |
| Rent as a share of renters' income | 29.4% | 30.6% |
| Median year homes were built | 1976 | 1980 |
| Vacant homes | 15.4% | 10.1% |
| Population | 1,778,373 | 334,922,499 |
What a typical home costs per month in West Virginia
At this week's average 30-year rate of 7.11%, buying the median West Virginia home of $162,600 with 20% down costs about $1,015 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,286, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $43,484 for the 20%-down payment. That payment is 20% of the median West Virginia household income of $59,608; at that income and 20% down, the 28% guideline points to a home of about $223,000.
The median rent here is $872 a month, so owning the median home costs about $143 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $32,520 |
|---|---|
| Loan amount | $130,080 |
| Principal and interest | $875 |
| Property taxes (0.53% a year) | $72 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| PMI | $0 |
| Total per month | $1,015 |
Change the numbers in the calculator
| Down payment | $5,691 |
|---|---|
| Loan amount | $159,655 |
| Principal and interest | $1,074 |
| Property taxes (0.53% a year) | $72 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| FHA mortgage insurance | $72 |
| Total per month | $1,286 |
Change the numbers in the calculator
Questions about home buying in West Virginia
What is the median home value in West Virginia?
About $162,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in West Virginia?
Homeowners pay a median $865 a year, which is about 0.53% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in West Virginia?
For the median home with 20% down at 7.11%, the payment is about $1,015 a month. Keeping that under 28% of gross income takes about $43,484 a year.
More about West Virginia
- Mortgage Refinance in West Virginia
- Debt Relief in West Virginia
- Home Equity Loans in West Virginia
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data