Mineral County, West Virginia Housing Market
In Mineral County, West Virginia, the median home value is $180,400, with a median monthly rent of $809. This places Mineral County at #1634 nationally out of 3134 counties by median home value, and #8 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: $1,130
- Establishments: 676
- BLS QCEW, 2025
Housing Supply
- Single-family: 43
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 11,409 (avg $62,203)
- Outflow: 10,894 (avg $61,810)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Mineral County Compares
| Metric | Mineral County | West Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $180,400 | $148,003 | $227,706 |
| Median Gross Rent | $809 | $777 | $968 |
| Owner Occupancy Rate | 81.0% | 78.4% | 73.3% |
| Price/Rent Ratio | 18.6 | 15.8 | 18.7 |
Market Analysis
The median home value in Mineral County is 21.9% above the West Virginia state average and 20.8% below the U.S. national average. The median rent of $809/month is 4.1% above the state average.
With a price-to-rent ratio of 18.6, the buy-vs-rent decision in Mineral County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Mineral County has an owner-occupancy rate of 81.0%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| El Paso County | Texas | $180,400 | $1,079 |
| Harrison County | Texas | $180,400 | $974 |
| St. Clair County | Illinois | $180,300 | $1,090 |
| Harvey County | Kansas | $180,300 | $900 |
| Greenwood County | South Carolina | $180,500 | $898 |
Other Counties in West Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Pendleton County | $183,800 | $770 | 84.9% |
| Grant County | $175,100 | $644 | 81.1% |
| Upshur County | $170,800 | $886 | 80.7% |
| Marion County | $166,700 | $932 | 76.7% |
| Hardy County | $166,300 | $816 | 77.3% |
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).