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Monroe 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$191,179+4.6% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 16% have cut their price
Income needed to buy, per year$41,444About 0.7× the local median income ($56,789): affordable for a typical household
Days on market79 daysFaster than a year ago: sellers have the edge

The typical home in Monroe County, WV is worth $191,179, up 4.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $162,537, so the area is 17.6% overvalued. It is a balanced market, leaning toward sellers: homes take about 79 days to sell, listings are down 0% from a year ago, 16% of listings have had a price cut. A household needs about $41,444 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 $56,789. In the latest IRS figures, 90 more people moved in than out.

Home value over time

$0K$50K$100K$150K20052010201520202025
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$191,179
Change in 1 year+4.6%
Overvalued %+17.6%
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Fair home value$162,537
Change in 5 years+35.6%
Home value to income3.4×
Monthly mortgage payment (20% down)$1,036
Income needed to afford it$41,444
Property tax rate0.46%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$944

Market activity

Listings vs a year ago0.0%
Days on market79
Listings with a price cut16.0%
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Homes for sale47
Pending sales per 100 listings38
Asking price per sq ft$138

People and jobs

Median household income$56,789
Population change (1 year)−0.2%
Unemployment rate4.8%
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Population12,491
Income adjusted for cost of living$65,275
Net moves in (IRS)+90
Cost of living (US = 100)87.0

Schools, risk and environment

School rating (1 to 10)3.8
FEMA hazard risk score (0 to 100)28.3
Flood risk score49.3
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Wildfire risk score50.3
Walkability (1 to 20)3.8
Road, rail and air noise54 dB

Questions people ask

Is Monroe County, WV overvalued?
Home prices in Monroe County, WV are well above what local incomes have historically supported: fair value is about $162,537, so the area is 17.6% overvalued.
Is Monroe County, WV a buyer's or seller's market?
Monroe County, WV is a balanced market, leaning toward sellers: homes take about 79 days to sell, listings are down 0% from a year ago, 16% of listings have had a price cut.
Are home prices going down in Monroe County, WV?
Home values in Monroe County, WV are up 4.6% over the last year.
How much do you need to earn to buy a home in Monroe County, WV?
A household needs about $41,444 a year to afford the typical home in Monroe County, WV at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $56,789.

Nearby and similar counties

ZIP codes in Monroe County (open on the map)

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