Marion County, West Virginia Housing Market
In Marion County, West Virginia, the median home value is $166,700, with a median monthly rent of $932. This places Marion County at #1869 nationally out of 3134 counties by median home value, and #11 within West Virginia.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,111
- Establishments: 1,646
- BLS QCEW, 2025
Housing Supply
- Single-family: 10
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 22,878 (avg $62,981)
- Outflow: 21,778 (avg $63,591)
- IRS Statistics of Income
How Marion County Compares
| Metric | Marion County | West Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $166,700 | $148,003 | $227,706 |
| Median Gross Rent | $932 | $777 | $968 |
| Owner Occupancy Rate | 76.7% | 78.4% | 73.3% |
| Price/Rent Ratio | 14.9 | 15.8 | 18.7 |
Market Analysis
The median home value in Marion County is 12.6% above the West Virginia state average and 26.8% below the U.S. national average. The median rent of $932/month is 19.9% above the state average.
With a price-to-rent ratio of 14.9, buying a home in Marion 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.
Marion County has an owner-occupancy rate of 76.7%, 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 |
|---|---|---|---|
| Todd County | Kentucky | $166,700 | $851 |
| Rush County | Indiana | $166,800 | $873 |
| Box Butte County | Nebraska | $166,600 | $752 |
| Pulaski County | Kentucky | $166,900 | $803 |
| Somerset County | Maine | $166,900 | $910 |
Other Counties in West Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Hardy County | $166,300 | $816 | 77.3% |
| Harrison County | $166,200 | $879 | 73.6% |
| Ohio County | $166,000 | $821 | 66.4% |
| 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).