Hardy County, West Virginia Housing Market
In Hardy County, West Virginia, the median home value is $166,300, with a median monthly rent of $816. This places Hardy County at #1878 nationally out of 3134 counties by median home value, and #12 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: $954
- Establishments: 419
- BLS QCEW, 2025
Housing Supply
- Single-family: 66
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,929 (avg $55,719)
- Outflow: 5,490 (avg $53,795)
- IRS Statistics of Income
How Hardy County Compares
| Metric | Hardy County | West Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $166,300 | $148,003 | $227,706 |
| Median Gross Rent | $816 | $777 | $968 |
| Owner Occupancy Rate | 77.3% | 78.4% | 73.3% |
| Price/Rent Ratio | 17.0 | 15.8 | 18.7 |
Market Analysis
The median home value in Hardy County is 12.4% above the West Virginia state average and 27.0% below the U.S. national average. The median rent of $816/month is 5.0% above the state average.
With a price-to-rent ratio of 17.0, the buy-vs-rent decision in Hardy County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Hardy County has an owner-occupancy rate of 77.3%, 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 |
|---|---|---|---|
| Pettis County | Missouri | $166,300 | $885 |
| Buchanan County | Missouri | $166,300 | $902 |
| Morgan County | Tennessee | $166,300 | $770 |
| Cerro Gordo County | Iowa | $166,400 | $850 |
| Dawson County | Nebraska | $166,200 | $925 |
Other Counties in West Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Harrison County | $166,200 | $879 | 73.6% |
| Ohio County | $166,000 | $821 | 66.4% |
| Marion County | $166,700 | $932 | 76.7% |
| Cabell County | $164,400 | $923 | 64.2% |
| Preston County | $162,800 | $750 | 81.5% |
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).