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Fayette County, WV housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$139,740+3.9% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 17% have cut their price
Income needed to buy, per year$30,293About 0.6× the local median income ($47,998): affordable for a typical household
Days on market47 daysFaster than a year ago: sellers have the edge
Next 12 months+2.5%Zillow expects prices to rise slightly

The typical home in Fayette County, WV is worth $139,740, up 3.9% from a year ago. That is well above what local incomes have historically supported: fair value is about $124,189, so the area is 12.5% overvalued. It is a balanced market: homes take about 47 days to sell, listings are up 4% from a year ago, 17% of listings have had a price cut. Zillow expects prices to rise about 2.5% over the next year. A household needs about $30,293 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $47,998. Typical rent is $856 a month, or $939 for a house. In the latest IRS figures, 9 more people moved in than out.

Home value over time

$0K$25K$50K$75K$100K$125K200020052010201520202025
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$139,740
Change in 1 year+3.9%
Overvalued %+12.5%
Show 7 more
Fair home value$124,189
Change in 5 years+38.2%
Zillow forecast, next 12 months+2.5%
Home value to income2.9×
Monthly mortgage payment (20% down)$757
Income needed to afford it$30,293
Property tax rate0.64%

Rent and investing

Typical rent$856
Typical rent for houses$939
Price-to-rent ratio13.6×
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HUD Fair Market Rent, 2 bedrooms$961
Gross rental yield7.35%
Cap rate (estimate)4.78%

Market activity

Listings vs a year ago+4.1%
Days on market47
Listings with a price cut17.2%
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Homes for sale102
Pending sales per 100 listings28
Asking price per sq ft$147

People and jobs

Median household income$47,998
Population change (1 year)−1.0%
Unemployment rate5.5%
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Population38,165
Income adjusted for cost of living$54,296
Net moves in (IRS)+9
Cost of living (US = 100)88.4

Schools, risk and environment

School rating (1 to 10)2.9
FEMA hazard risk score (0 to 100)53.4
Flood risk score72.9
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Wildfire risk score49.5
Walkability (1 to 20)5.7
Road, rail and air noise53 dB

Questions people ask

Is Fayette County, WV overvalued?
Home prices in Fayette County, WV are well above what local incomes have historically supported: fair value is about $124,189, so the area is 12.5% overvalued.
Is Fayette County, WV a buyer's or seller's market?
Fayette County, WV is a balanced market: homes take about 47 days to sell, listings are up 4% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Fayette County, WV?
Home values in Fayette County, WV are up 3.9% over the last year. Zillow's forecast for the next 12 months is +2.5%.
How much do you need to earn to buy a home in Fayette County, WV?
A household needs about $30,293 a year to afford the typical home in Fayette County, WV at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $47,998.

Nearby and similar counties

ZIP codes in Fayette County (open on the map)

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