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Buying a home in Prince, West Virginia

The typical owner-occupied home in Prince is worth about $90,700, 44% below the West Virginia median of $162,600 and 73% below the national median of $332,700. Owners pay a median $470 a year in property taxes, about 0.52% of their home's value, close to the West Virginia rate of 0.53%. 100% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.

Prince at a glance

Prince West Virginia U.S.
Median home value $90,700 $162,600 $332,700
Median property tax paid per year $470 $865 $3,119
Property tax as a share of value 0.52% 0.53% 0.94%
Median household income – $59,608 $80,734
Homes lived in by their owners 100% 75% 65%
Owner homes with a mortgage 0% 46% 61%
Median monthly costs, owners with a mortgage – $1,255 $1,963
Median rent – $872 $1,413
Median year homes were built 1966 1976 1980
Vacant homes 48.0% 15.4% 10.1%
Population 52 1,778,373 334,922,499

What a typical home costs per month in Prince

At this week's average 30-year rate of 7.11%, buying the median Prince home of $90,700 with 20% down costs about $565 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $716, 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 $24,224 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$18,140
Loan amount$72,560
Principal and interest$488
Property taxes (0.52% a year)$39
Homeowners insurance (our estimate, 0.5% a year)$38
PMI$0
Total per month$565

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3.5% down, 30-year FHA loan
Down payment$3,174
Loan amount$89,057
Principal and interest$599
Property taxes (0.52% a year)$39
Homeowners insurance (our estimate, 0.5% a year)$38
FHA mortgage insurance$40
Total per month$716

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Questions about home buying in Prince

What is the median home value in Prince?

About $90,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Prince?

Homeowners pay a median $470 a year, which is about 0.52% 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 Prince?

For the median home with 20% down at 7.11%, the payment is about $565 a month. Keeping that under 28% of gross income takes about $24,224 a year.

More about Prince

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