The typical owner-occupied home in Pine Grove is worth about $97,700, 40% below the West Virginia median of $162,600 and 71% below the national median of $332,700. Owners pay a median $675 a year in property taxes, about 0.69% of their home's value, higher than the West Virginia rate of 0.53%. The median household earns $43,333 a year, so the median home costs 2.3 times the median income (2.7 times for West Virginia). 46% of occupied homes here are lived in by their owners, and 23% of those owners still have a mortgage.
Pine Grove at a glance
| Pine Grove | West Virginia | U.S. | |
|---|---|---|---|
| Median home value | $97,700 | $162,600 | $332,700 |
| Median property tax paid per year | $675 | $865 | $3,119 |
| Property tax as a share of value | 0.69% | 0.53% | 0.94% |
| Median household income | $43,333 | $59,608 | $80,734 |
| Homes lived in by their owners | 46% | 75% | 65% |
| Owner homes with a mortgage | 23% | 46% | 61% |
| Median monthly costs, owners with a mortgage | $982 | $1,255 | $1,963 |
| Those costs as a share of the owners' income | 19.0% | 17.3% | 21.0% |
| Median rent | $337 | $872 | $1,413 |
| Rent as a share of renters' income | 33.9% | 29.4% | 30.6% |
| Median year homes were built | 1950 | 1976 | 1980 |
| Vacant homes | 22.2% | 15.4% | 10.1% |
| Population | 367 | 1,778,373 | 334,922,499 |
What a typical home costs per month in Pine Grove
At this week's average 30-year rate of 7.11%, buying the median Pine Grove home of $97,700 with 20% down costs about $623 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $785, 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 $26,686 for the 20%-down payment. That payment is 17% of the median Pine Grove household income of $43,333; at that income and 20% down, the 28% guideline points to a home of about $159,000.
The median rent here is $337 a month, so owning the median home costs about $286 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $19,540 |
|---|---|
| Loan amount | $78,160 |
| Principal and interest | $526 |
| Property taxes (0.69% a year) | $56 |
| Homeowners insurance (our estimate, 0.5% a year) | $41 |
| PMI | $0 |
| Total per month | $623 |
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| Down payment | $3,420 |
|---|---|
| Loan amount | $95,930 |
| Principal and interest | $645 |
| Property taxes (0.69% a year) | $56 |
| Homeowners insurance (our estimate, 0.5% a year) | $41 |
| FHA mortgage insurance | $43 |
| Total per month | $785 |
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Questions about home buying in Pine Grove
What is the median home value in Pine Grove?
About $97,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Pine Grove?
Homeowners pay a median $675 a year, which is about 0.69% 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 Pine Grove?
For the median home with 20% down at 7.11%, the payment is about $623 a month. Keeping that under 28% of gross income takes about $26,686 a year.
More about Pine Grove
- Mortgage Refinance in Pine Grove
- Debt Relief in Pine Grove
- Home Equity Loans in Pine Grove
- 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