Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$252,059+4.8% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 14% have cut their price
Income needed to buy, per year$54,641About 0.7× the local median income ($80,834): affordable for a typical household
Days on market35 daysFaster than a year ago: sellers have the edge
Next 12 months+1.9%Zillow expects prices to rise slightly
The typical home in Putnam County, WV is worth $252,059, up 4.8% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $239,208, so the area is 5.4% overvalued. It is a balanced market, leaning toward sellers: homes take about 35 days to sell, listings are up 17% from a year ago, 14% of listings have had a price cut. Zillow expects prices to rise about 1.9% over the next year. A household needs about $54,641 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 $80,834. Typical rent is $1,142 a month, or $1,431 for a house. In the latest IRS figures, 9 more people moved in than out.
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
$252,059
Change in 1 year
+4.8%
Overvalued %
+5.4%
Show 7 more
Fair home value
$239,208
Change in 5 years
+27.4%
Zillow forecast, next 12 months
+1.9%
Home value to income
3.1×
Monthly mortgage payment (20% down)
$1,366
Income needed to afford it
$54,641
Property tax rate
0.59%
Rent and investing
Typical rent
$1,142
Typical rent for houses
$1,431
Price-to-rent ratio
18.4×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,091
Gross rental yield
5.43%
Cap rate (estimate)
3.53%
Market activity
Listings vs a year ago
+17.2%
Days on market
35
Listings with a price cut
14.1%
Show 3 more
Homes for sale
102
Pending sales per 100 listings
53
Asking price per sq ft
$150
People and jobs
Median household income
$80,834
Population change (1 year)
−0.1%
Unemployment rate
3.1%
Show 4 more
Population
56,885
Income adjusted for cost of living
$91,441
Net moves in (IRS)
+9
Cost of living (US = 100)
88.4
Schools, risk and environment
School rating (1 to 10)
8.6
FEMA hazard risk score (0 to 100)
74.0
Flood risk score
86.9
Show 3 more
Wildfire risk score
50.3
Walkability (1 to 20)
6.8
Road, rail and air noise
54 dB
Questions people ask
Is Putnam County, WV overvalued?
Home prices in Putnam County, WV are slightly above what local incomes have historically supported: fair value is about $239,208, so the area is 5.4% overvalued.
Is Putnam County, WV a buyer's or seller's market?
Putnam County, WV is a balanced market, leaning toward sellers: homes take about 35 days to sell, listings are up 17% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Putnam County, WV?
Home values in Putnam County, WV are up 4.8% over the last year. Zillow's forecast for the next 12 months is +1.9%.
How much do you need to earn to buy a home in Putnam County, WV?
A household needs about $54,641 a year to afford the typical home in Putnam County, WV at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $80,834.