West Virginia Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$89,100

  • -10.7% 1-year change
  • -1.0% 1-year forecast

The median home value in West Virginia is $89,100. West Virginia home values have declined -10.7% over the past year and Zillow predicts they will fall -1.0% within the next year. The median rent price in West Virginia is $1,100.

Foreclosures will be a factor impacting home values in the next several years. In West Virginia 1.3 homes are foreclosed (per 10,000). This is lower than the national value of 3.6

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in West Virginia is 2.8%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of West Virginia homeowners underwater on their mortgage is 15.0%.

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Relative ZHVI
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West Virginia Market Overview

Data through Jul 31, 2015
  • $89,100 ZHVI
  • -1.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • $120,775 Median sale price
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West Virginia Market Health

Data through Jul 31, 2015
  • 4.7/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 89 Average days on Zillow (Jun 30, 2015)
  • 15.0% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 2.8% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

1 West Virginia
4 United States
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Cities in West Virginia

Name Median ZHVI
Charles Town $162,400
Bridgeport $160,800
Morgantown $149,500
Name Median ZHVI
Charleston $99,400
Parkersburg $78,400
Moundsville $70,300
Name Median ZHVI
Clarksburg $65,400
 
 

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $73 Median sale price / sq ft
  • No data Listings with price cut
9.5%
Sold below previous sale price
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West Virginia Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $979 West Virginia
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $1,100 Rent list price
  • $0.75 Rent list price / sq ft
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