Berkeley County, West Virginia Housing Market

In Berkeley County, West Virginia, the median home value is $266,300, with a median monthly rent of $1,233. This places Berkeley County at #803 nationally out of 3134 counties by median home value, and #3 within West Virginia.

Median Home Value $266,300
Median Rent $1,233/mo
Owner Occupancy 76.0%
Price/Rent Ratio 18.0

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Berkeley County rose +5.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

29,664
jobs (private sector)
  • Avg weekly wage: $1,082
  • Establishments: 3,790
  • BLS QCEW, 2025
🏗️

Housing Supply

1,140
new units authorized (2025)
  • Single-family: 1,104
  • Multi-family: 36
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+4277
net migration (filers, 2021-2022)
  • Inflow: 54,910 (avg $68,339)
  • Outflow: 50,633 (avg $68,679)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Berkeley County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 25427 244.1 +2.50% 2025
2 25401 259.6 -2.82% 2025
3 25443 279.5 +7.13% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Berkeley County Compares

MetricBerkeley CountyWest Virginia AverageU.S. Average
Median Home Value $266,300 $148,003 $227,706
Median Gross Rent $1,233 $777 $968
Owner Occupancy Rate 76.0% 78.4% 73.3%
Price/Rent Ratio 18.0 15.8 18.7

Market Analysis

The median home value in Berkeley County is 79.9% above the West Virginia state average and 16.9% above the U.S. national average. The median rent of $1,233/month is 58.7% above the state average.

With a price-to-rent ratio of 18.0, the buy-vs-rent decision in Berkeley County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Berkeley County has an owner-occupancy rate of 76.0%, compared to 78.4% in West Virginia and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Clermont County Ohio $266,200 $1,107
Polk County Florida $266,500 $1,363
Douglas County Nebraska $266,100 $1,201
Gaston County North Carolina $266,000 $1,153
Brown County Wisconsin $266,000 $1,031

Other Counties in West Virginia

CountyMedian Home ValueMedian RentOwner Occ.
Monongalia County $267,700 $987 57.9%
Morgan County $240,600 $794 84.1%
Putnam County $223,300 $952 81.8%
Hampshire County $219,200 $720 82.7%
Pendleton County $183,800 $770 84.9%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).