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

$101,200

  • -2.0% 1-year change
  • 4.5% 1-year forecast

The median home value in West Virginia is $101,200. West Virginia home values have declined -2.0% over the past year and Zillow predicts they will rise 4.5% within the next year. The median list price per square foot in West Virginia is $90. The median price of homes currently listed in West Virginia is $149,900 while the median price of homes that sold is $120,500. The median rent price in West Virginia is $950.

Foreclosures will be a factor impacting home values in the next several years. In West Virginia 0.7 homes are foreclosed (per 10,000). This is lower than the national value of 4.0

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 Sep 30, 2014
  • $101,200 ZHVI
  • 4.5% 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
    (Sep 30, 2015)
  • $149,900 Median listing price
  • $120,500 Median sale price
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West Virginia Market Health

Data through Sep 30, 2014
  • 9.3/10 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.
  • 90 Average days on Zillow (Aug 31, 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)

0.7 homes West Virginia
4 homes United States
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Cities in West Virginia

Name Median ZHVI
Bridgeport $168,300
Charles Town $165,200
Morgantown $163,400
Name Median ZHVI
Charleston $103,200
Parkersburg $81,500
Moundsville $72,200

Listings & Sales

Data through Sep 30, 2014
  • $90 Median list price / sq ft
  • $76 Median sale price / sq ft
  • 33.2% Listings with price cut
10.4%
Sold below listing
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West Virginia Rentals

Data through Sep 30, 2014
  • No data Breakeven horizon
  • $950 Rent list price
  • $0.75 Rent list price / sq ft
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