Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$118,423+6.6% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$25,672About 0.5× the local median income ($48,225): affordable for a typical household
Days on market107 daysSlower than a year ago: buyers have time to negotiate
The typical home in Gilmer County, WV is worth $118,423, up 6.6% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $116,012, so the area is 2.1% overvalued. It is a seller's market: homes take about 107 days to sell, listings are down 14% from a year ago, 0% of listings have had a price cut. A household needs about $25,672 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 $48,225. In the latest IRS figures, 76 more people moved out than in.
Home value over time
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
$118,423
Change in 1 year
+6.6%
Overvalued %
+2.1%
Show 6 more
Fair home value
$116,012
Change in 5 years
+22.4%
Home value to income
2.5×
Monthly mortgage payment (20% down)
$642
Income needed to afford it
$25,672
Property tax rate
0.49%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$944
Market activity
Listings vs a year ago
−14.3%
Days on market
107
Listings with a price cut
0.0%
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Homes for sale
12
Pending sales per 100 listings
42
Asking price per sq ft
$135
People and jobs
Median household income
$48,225
Population change (1 year)
−0.4%
Unemployment rate
6.8%
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Population
7,085
Income adjusted for cost of living
$55,431
Net moves in (IRS)
−76
Cost of living (US = 100)
87.0
Schools, risk and environment
School rating (1 to 10)
4.4
FEMA hazard risk score (0 to 100)
11.5
Unhealthy air days a year
0
Show 4 more
Flood risk score
39.2
Wildfire risk score
1.3
Walkability (1 to 20)
3.6
Road, rail and air noise
52 dB
Questions people ask
Is Gilmer County, WV overvalued?
Home prices in Gilmer County, WV are slightly above what local incomes have historically supported: fair value is about $116,012, so the area is 2.1% overvalued.
Is Gilmer County, WV a buyer's or seller's market?
Gilmer County, WV is a seller's market: homes take about 107 days to sell, listings are down 14% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Gilmer County, WV?
Home values in Gilmer County, WV are up 6.6% over the last year.
How much do you need to earn to buy a home in Gilmer County, WV?
A household needs about $25,672 a year to afford the typical home in Gilmer County, WV at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $48,225.