The West Virginia Real Estate Market: 2024 Trends

I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in West Virginia

💡 Key West Virginia housing market facts

Data PointValueRankCompared to National Avg
Typical Home Value $168,172[1]#50 of 50 states54.1% lower
Median Listing Price $245,000[2]#50 of 50 states44.4% lower
Median Sale Price $261,200[3]#43 of 50 states37.6% lower
30 Year Mortgage Rate 7.01%[4]#26 of 50 states0.5% higher
Median Days on Market 58[5]#27 of 50 states3.2% longer
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🗺️ Buying a house in the West Virginia real estate market

West Virginia has an affordability score of 5.4, meaning it takes 5.4 years of the median household income ($48,037) to afford West Virginia's median home sale price ($261,200). Because of this, we rank West Virginia as the 19th most affordable state for buyers based strictly on prices compared to income.

Data PointValueRankCompared to National Avg
Median Sale Price $261,200[6]#43 of 50 states37.6% lower
30 Year Mortgage Rate 7.01%[7]#26 of 50 states0.5% higher
Median Household Income $48,037[8]#49 of 50 states25.6% lower
Affordability Ratio 5.4#19 of 50 states14.9% lower
Buyers Agent Commission 2.55%[9]#17 of 50 states0.5% higher
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Resources for West Virginia home buyers

🗺️ Selling a house in the West Virginia real estate market

According to our detailed survey of West Virginia real estate agents, listing agents (those representing the seller) charge an average commission in West Virginia of 2.75%, which is the 23rd lowest in the United States. Buyers' agents charge an average commission of 2.55%, which is the 17th lowest in the United States.

Data PointValueRankCompared to National Avg
Median Listing Price $245,000[10]#50 of 50 states44.4% lower
Median Sale Price $261,200[11]#43 of 50 states37.6% lower
Median Days on Market 58[12]#27 of 50 states3.2% longer
Buyer's Agent Commission 2.55%[13]#17 of 50 states0.5% higher
Listing Agent Commission 2.75%[14]#23 of 50 states1% higher
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Resources for West Virginia home sellers

Moving to West Virginia

According to our recent moving trends survey[15], West Virginia is the 18th most desirable state to move to, with 9% of Americans indicating that they would choose to move there if money were no object.

Here's how West Virginia cities rank in a number of our research studies.

StudyBest West Virginia cityRank
Best Pizza Cities[16]No ranking West Virginia citiesNo ranking West Virginia cities
Best Coffee Cities[17]No ranking West Virginia citiesNo ranking West Virginia cities
Best LGBTQ Cities[18]No ranking West Virginia citiesNo ranking West Virginia cities
Best Bike Cities[19]No ranking West Virginia citiesNo ranking West Virginia cities
Best Commuter Cities[20]No ranking West Virginia citiesNo ranking West Virginia cities
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Article Sources

[1] Zillow – "Zillow Home Value Index". Updated October 31, 2024.
[2] Realtor.com – "Realtor.com Data Library". Updated October 2024.
[3] Redfin – "Redfin Data Center". Updated October 2024.
[4] Bankrate – "Bankrate". Updated November 2024.
[5] Realtor.com – "Realtor.com Data Library". Updated October 2024.
[6] Redfin – "Redfin Data Center". Updated October 2024.
[7] Bankrate – "Bankrate". Updated November 2024.
[8] US Census – "US Census, 2020 American Community Survey". Updated 2020.
[9] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated November 2024.
[10] Realtor.com – "Realtor.com Data Library". Updated October 2024.
[11] Redfin – "Redfin Data Center". Updated October 2024.
[12] Realtor.com – "Realtor.com Data Library". Updated October 2024.
[13] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated November 2024.
[14] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated November 2024.
[15] Home Bay – "Half of Americans Are Surprised by How Much It Costs to Move". Updated February 26, 2024.
[16] Clever Real Estate – "The 15+ Best Pizza Cities in America". Updated February 12, 2024.
[17] Clever Real Estate – "The Best (and Worst) Coffee Cities in America". Updated January 12, 2024.
[19] Clever Real Estate – "The Most Bike-Friendly Cities in the U.S.". Updated July 17, 2023.
[20] Clever Real Estate – "The Best (and Worst) Cities for Commuters". Updated September 21, 2023.

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