Mingo County, West Virginia Housing Market
In Mingo County, West Virginia, the median home value is $90,500, with a median monthly rent of $647. This places Mingo County at #3008 nationally out of 3134 counties by median home value, and #51 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: $1,096
- Establishments: 457
- BLS QCEW, 2025
Migration Patterns
- Inflow: 6,731 (avg $46,069)
- Outflow: 6,509 (avg $46,716)
- IRS Statistics of Income
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Mingo County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Mingo County →How Mingo County Compares
| Metric | Mingo County | West Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $90,500 | $148,003 | $227,706 |
| Median Gross Rent | $647 | $777 | $968 |
| Owner Occupancy Rate | 73.4% | 78.4% | 73.3% |
| Price/Rent Ratio | 11.7 | 15.8 | 18.7 |
Market Analysis
The median home value in Mingo County is 38.9% below the West Virginia state average and 60.3% below the U.S. national average. The median rent of $647/month is 16.7% below the state average.
With a price-to-rent ratio of 11.7, buying a home in Mingo 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.
Mingo County has an owner-occupancy rate of 73.4%, 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 |
|---|---|---|---|
| Clay County | Kentucky | $90,700 | $724 |
| Coahoma County | Mississippi | $90,300 | $749 |
| Calhoun County | Mississippi | $90,300 | $662 |
| Briscoe County | Texas | $90,300 | $631 |
| Randolph County | Georgia | $90,200 | $606 |
Other Counties in West Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Boone County | $93,100 | $837 | 81.3% |
| Gilmer County | $83,800 | $750 | 75.6% |
| Wyoming County | $82,900 | $650 | 82.5% |
| Calhoun County | $100,500 | $473 | 87.1% |
| Logan County | $103,400 | $710 | 77.0% |
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).