Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$37,466−16.0% YoY · prices are falling fast
Market right nowBalanced marketMore homes for sale than last year, 11% have cut their price
Income needed to buy, per year$8,122About 0.2× the local median income ($35,721): affordable for a typical household
Days on market97 daysAbout the same pace as a year ago
The typical home in McDowell County, WV is worth $37,466, down 16.0% from a year ago. That is well below what local incomes have historically supported: fair value is about $62,944, so the area is 40.5% undervalued. It is a balanced market: homes take about 97 days to sell, listings are up 9% from a year ago, 11% of listings have had a price cut. A household needs about $8,122 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 $35,721. In the latest IRS figures, 96 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
$37,466
Change in 1 year
−16.0%
Overvalued %
−40.5%
Show 6 more
Fair home value
$62,944
Change in 5 years
−39.1%
Home value to income
1.0×
Monthly mortgage payment (20% down)
$203
Income needed to afford it
$8,122
Property tax rate
0.67%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$944
Market activity
Listings vs a year ago
+8.7%
Days on market
97
Listings with a price cut
10.8%
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Homes for sale
25
Pending sales per 100 listings
48
Asking price per sq ft
$69
People and jobs
Median household income
$35,721
Population change (1 year)
−1.8%
Unemployment rate
8.2%
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Population
16,878
Income adjusted for cost of living
$41,059
Net moves in (IRS)
−96
Cost of living (US = 100)
87.0
Schools, risk and environment
School rating (1 to 10)
1.7
FEMA hazard risk score (0 to 100)
76.7
Flood risk score
84.7
Show 3 more
Wildfire risk score
69.3
Walkability (1 to 20)
4.1
Road, rail and air noise
52 dB
Questions people ask
Is McDowell County, WV overvalued?
Home prices in McDowell County, WV are well below what local incomes have historically supported: fair value is about $62,944, so the area is 40.5% undervalued.
Is McDowell County, WV a buyer's or seller's market?
McDowell County, WV is a balanced market: homes take about 97 days to sell, listings are up 9% from a year ago, 11% of listings have had a price cut.
Are home prices going down in McDowell County, WV?
Home values in McDowell County, WV are down 16.0% over the last year.
How much do you need to earn to buy a home in McDowell County, WV?
A household needs about $8,122 a year to afford the typical home in McDowell County, WV at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $35,721.