Home Values

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

$99,100

  • -5.3% 1-year change
  • 2.8% 1-year forecast

The median home value in West Virginia is $99,100. West Virginia home values have declined -5.3% over the past year and Zillow predicts they will rise 2.8% within the next year. The median list price per square foot in West Virginia is $89. The median price of homes currently listed in West Virginia is $149,900 while the median price of homes that sold is $120,450. The median rent price in West Virginia is $900.

Foreclosures will be a factor impacting home values in the next several years. In West Virginia 1.0 homes are foreclosed (per 10,000). This is lower than the national value of 4.5

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 6.9%. 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 13.2%.

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Relative ZHVI
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West Virginia Market Overview

Data through Oct 31, 2014
  • $99,100 ZHVI
  • 2.8% 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
    (Oct 31, 2015)
  • $149,900 Median listing price
  • $120,450 Median sale price
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West Virginia Market Health

Data through Oct 31, 2014
  • 9.0/10 Very healthy
    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.
  • 122 Average days on Zillow (Sep 30, 2014)
  • 13.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 2.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1 home West Virginia
4.5 homes United States
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Cities in West Virginia

Name Median ZHVI
Charles Town $167,900
Bridgeport $167,500
Morgantown $163,400
Name Median ZHVI
Charleston $105,500
Parkersburg $81,400
Clarksburg $76,500
Name Median ZHVI
Weirton $76,200
Moundsville $73,600
 

Listings & Sales

Data through Oct 31, 2014
  • $89 Median list price / sq ft
  • $78 Median sale price / sq ft
  • 33.8% Listings with price cut
10.7%
Sold below listing
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West Virginia Rentals

Data through Oct 31, 2014
  • No data Breakeven horizon
  • $900 Rent list price
  • $0.75 Rent list price / sq ft
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