The typical owner-occupied home in Matheny is worth about $160,100, about the same as the West Virginia median of $162,600 and 52% below the national median of $332,700. Owners pay a median $1,590 a year in property taxes, about 0.99% of their home's value, higher than 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.
Matheny at a glance
| Matheny | West Virginia | U.S. | |
|---|---|---|---|
| Median home value | $160,100 | $162,600 | $332,700 |
| Median property tax paid per year | $1,590 | $865 | $3,119 |
| Property tax as a share of value | 0.99% | 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 | 1987 | 1976 | 1980 |
| Vacant homes | 6.8% | 15.4% | 10.1% |
| Population | 586 | 1,778,373 | 334,922,499 |
What a typical home costs per month in Matheny
At this week's average 30-year rate of 7.11%, buying the median Matheny home of $160,100 with 20% down costs about $1,060 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,327, 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 $45,445 for the 20%-down payment.
| Down payment | $32,020 |
|---|---|
| Loan amount | $128,080 |
| Principal and interest | $862 |
| Property taxes (0.99% a year) | $132 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| PMI | $0 |
| Total per month | $1,060 |
Change the numbers in the calculator
| Down payment | $5,604 |
|---|---|
| Loan amount | $157,200 |
| Principal and interest | $1,058 |
| Property taxes (0.99% a year) | $132 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| FHA mortgage insurance | $71 |
| Total per month | $1,327 |
Change the numbers in the calculator
Questions about home buying in Matheny
What is the median home value in Matheny?
About $160,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Matheny?
Homeowners pay a median $1,590 a year, which is about 0.99% 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 Matheny?
For the median home with 20% down at 7.11%, the payment is about $1,060 a month. Keeping that under 28% of gross income takes about $45,445 a year.
More about Matheny
- Mortgage Refinance in Matheny
- Debt Relief in Matheny
- Home Equity Loans in Matheny
- 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