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Wheeling, WV-OH 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$141,159+2.8% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$30,600About 0.5× the local median income ($57,914): affordable for a typical household
Days on market60 daysAbout the same pace as a year ago
Next 12 months+2.0%Zillow expects prices to rise slightly

The typical home in Wheeling, WV-OH is worth $141,159, up 2.8% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $138,296, so the area is 2.1% overvalued. It is a balanced market, leaning toward buyers: homes take about 60 days to sell, listings are up 15% from a year ago, 25% of listings have had a price cut. Zillow expects prices to rise about 2.0% over the next year. A household needs about $30,600 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 $57,914. Typical rent is $864 a month, or $1,150 for a house. In the latest IRS figures, 264 more people moved out than in.

Home value over time

$0K$25K$50K$75K$100K$125K19801990200020102020
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$141,159
Change in 1 year+2.8%
Overvalued %+2.1%
Show 7 more
Fair home value$138,296
Change in 5 years+14.1%
Zillow forecast, next 12 months+2.0%
Home value to income2.4×
Monthly mortgage payment (20% down)$765
Income needed to afford it$30,600
Property tax rate0.73%

Rent and investing

Typical rent$864
Typical rent for houses$1,150
Price-to-rent ratio13.6×
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HUD Fair Market Rent, 2 bedrooms$1,009
Gross rental yield7.35%
Cap rate (estimate)4.78%

Market activity

Listings vs a year ago+14.8%
Days on market60
Listings with a price cut24.6%
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Homes for sale342
Pending sales per 100 listings48
Asking price per sq ft$116

People and jobs

Median household income$57,914
Population change (1 year)−0.7%
Unemployment rate5.4%
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Population134,089
Income adjusted for cost of living$65,588
Net moves in (IRS)−264
Cost of living (US = 100)88.3

Schools, risk and environment

School rating (1 to 10)6.7
FEMA hazard risk score (0 to 100)69.6
Unhealthy air days a year1
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Flood risk score84.2
Wildfire risk score29.4
Walkability (1 to 20)7.1
Road, rail and air noise54 dB

Questions people ask

Is Wheeling, WV-OH overvalued?
Home prices in Wheeling, WV-OH are slightly above what local incomes have historically supported: fair value is about $138,296, so the area is 2.1% overvalued.
Is Wheeling, WV-OH a buyer's or seller's market?
Wheeling, WV-OH is a balanced market, leaning toward buyers: homes take about 60 days to sell, listings are up 15% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Wheeling, WV-OH?
Home values in Wheeling, WV-OH are up 2.8% over the last year. Zillow's forecast for the next 12 months is +2.0%.
How much do you need to earn to buy a home in Wheeling, WV-OH?
A household needs about $30,600 a year to afford the typical home in Wheeling, WV-OH at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $57,914.

Counties in this metro

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