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Raleigh 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$157,221+1.2% YoY · prices are rising
Market right nowSeller's marketFewer homes for sale than last year, 15% have cut their price
Income needed to buy, per year$34,082About 0.6× the local median income ($55,834): affordable for a typical household
Days on market53 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.5%Zillow expects prices to rise slightly

The typical home in Raleigh County, WV is worth $157,221, up 1.2% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $154,355, so the area is 1.9% overvalued. It is a seller's market: homes take about 53 days to sell, listings are down 5% from a year ago, 15% of listings have had a price cut. Zillow expects prices to rise about 2.5% over the next year. A household needs about $34,082 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 $55,834. Typical rent is $1,069 a month, or $1,172 for a house. In the latest IRS figures, 13 more people moved out than in.

Home value over time

$0K$50K$100K$150K1990200020102020
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$157,221
Change in 1 year+1.2%
Overvalued %+1.9%
Show 7 more
Fair home value$154,355
Change in 5 years+31.7%
Zillow forecast, next 12 months+2.5%
Home value to income2.8×
Monthly mortgage payment (20% down)$852
Income needed to afford it$34,082
Property tax rate0.50%

Rent and investing

Typical rent$1,069
Typical rent for houses$1,172
Price-to-rent ratio12.3×
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HUD Fair Market Rent, 2 bedrooms$972
Gross rental yield8.16%
Cap rate (estimate)5.30%

Market activity

Listings vs a year ago−5.3%
Days on market53
Listings with a price cut15.0%
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Homes for sale195
Pending sales per 100 listings44
Asking price per sq ft$119

People and jobs

Median household income$55,834
Population change (1 year)−0.6%
Unemployment rate5.0%
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Population71,775
Income adjusted for cost of living$63,161
Net moves in (IRS)−13
Cost of living (US = 100)88.4

Schools, risk and environment

School rating (1 to 10)6.3
FEMA hazard risk score (0 to 100)65.5
Flood risk score80.9
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Wildfire risk score75.1
Walkability (1 to 20)6.7
Road, rail and air noise54 dB

Questions people ask

Is Raleigh County, WV overvalued?
Home prices in Raleigh County, WV are slightly above what local incomes have historically supported: fair value is about $154,355, so the area is 1.9% overvalued.
Is Raleigh County, WV a buyer's or seller's market?
Raleigh County, WV is a seller's market: homes take about 53 days to sell, listings are down 5% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Raleigh County, WV?
Home values in Raleigh County, WV are up 1.2% 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 Raleigh County, WV?
A household needs about $34,082 a year to afford the typical home in Raleigh County, WV at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $55,834.

Nearby and similar counties

ZIP codes in Raleigh County (open on the map)

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