Hampshire County, West Virginia Housing Market
In Hampshire County, West Virginia, the median home value is $219,200, with a median monthly rent of $720. This places Hampshire County at #1198 nationally out of 3134 counties by median home value, and #6 within West Virginia.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $848
- Establishments: 501
- BLS QCEW, 2025
Housing Supply
- Single-family: 129
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 9,145 (avg $59,110)
- Outflow: 8,534 (avg $57,946)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Hampshire County Compares
| Metric | Hampshire County | West Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $219,200 | $148,003 | $227,706 |
| Median Gross Rent | $720 | $777 | $968 |
| Owner Occupancy Rate | 82.7% | 78.4% | 73.3% |
| Price/Rent Ratio | 25.4 | 15.8 | 18.7 |
Market Analysis
The median home value in Hampshire County is 48.1% above the West Virginia state average and 3.7% below the U.S. national average. The median rent of $720/month is 7.3% below the state average.
With a price-to-rent ratio of 25.4, Hampshire County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Hampshire County has an owner-occupancy rate of 82.7%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Hendry County | Florida | $219,200 | $1,003 |
| Maries County | Missouri | $219,100 | $590 |
| Custer County | Montana | $219,100 | $893 |
| Hoke County | North Carolina | $219,300 | $1,089 |
| Davidson County | North Carolina | $219,100 | $901 |
Other Counties in West Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Putnam County | $223,300 | $952 | 81.8% |
| Morgan County | $240,600 | $794 | 84.1% |
| Pendleton County | $183,800 | $770 | 84.9% |
| Mineral County | $180,400 | $809 | 81.0% |
| Grant County | $175,100 | $644 | 81.1% |
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 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).