Fayette County, West Virginia Housing Market

In Fayette County, West Virginia, the median home value is $105,800, with a median monthly rent of $788. This places Fayette County at #2843 nationally out of 3134 counties by median home value, and #46 within West Virginia.

Median Home Value $105,800
Median Rent $788/mo
Owner Occupancy 77.7%
Price/Rent Ratio 11.2

📈 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 Fayette County rose +10.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

7,998
jobs (private sector)
  • Avg weekly wage: $913
  • Establishments: 1,127
  • BLS QCEW, 2025
🏗️

Housing Supply

27
new units authorized (2025)
  • Single-family: 27
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+575
net migration (filers, 2021-2022)
  • Inflow: 14,495 (avg $52,941)
  • Outflow: 13,920 (avg $53,342)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Fayette County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 25901 252.2 +19.87% 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 Fayette County Compares

MetricFayette CountyWest Virginia AverageU.S. Average
Median Home Value $105,800 $148,003 $227,706
Median Gross Rent $788 $777 $968
Owner Occupancy Rate 77.7% 78.4% 73.3%
Price/Rent Ratio 11.2 15.8 18.7

Market Analysis

The median home value in Fayette County is 28.5% below the West Virginia state average and 53.5% below the U.S. national average. The median rent of $788/month is 1.4% above the state average.

With a price-to-rent ratio of 11.2, buying a home in Fayette County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Fayette County has an owner-occupancy rate of 77.7%, 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
Hempstead County Arkansas $105,700 $815
Grant County Oklahoma $105,700 $853
Mitchell County Georgia $106,000 $797
Irwin County Georgia $105,600 $865
Barnwell County South Carolina $106,000 $740

Other Counties in West Virginia

CountyMedian Home ValueMedian RentOwner Occ.
Lincoln County $105,300 $771 74.5%
Wetzel County $107,900 $688 83.2%
Logan County $103,400 $710 77.0%
Clay County $109,100 $651 76.0%
Calhoun County $100,500 $473 87.1%

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).