Monongalia County, West Virginia Housing Market
In Monongalia County, West Virginia, the median home value is $267,700, with a median monthly rent of $987. This places Monongalia County at #794 nationally out of 3134 counties by median home value, and #2 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: $1,287
- Establishments: 4,262
- BLS QCEW, 2025
Housing Supply
- Single-family: 22
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 38,374 (avg $89,477)
- Outflow: 35,070 (avg $91,278)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Monongalia County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 26505 | 243.9 | -2.15% | 2025 |
| 2 | 26508 | 243.6 | +5.22% | 2025 |
| 3 | 26501 | 268.0 | +2.89% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Monongalia County Compares
| Metric | Monongalia County | West Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $267,700 | $148,003 | $227,706 |
| Median Gross Rent | $987 | $777 | $968 |
| Owner Occupancy Rate | 57.9% | 78.4% | 73.3% |
| Price/Rent Ratio | 22.6 | 15.8 | 18.7 |
Market Analysis
The median home value in Monongalia County is 80.9% above the West Virginia state average and 17.6% above the U.S. national average. The median rent of $987/month is 27.0% above the state average.
With a price-to-rent ratio of 22.6, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Monongalia County has an owner-occupancy rate of 57.9%, compared to 78.4% in West Virginia and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Holmes County | Ohio | $267,700 | $816 |
| Monroe County | Pennsylvania | $267,600 | $1,393 |
| Lee County | Texas | $267,800 | $1,067 |
| Shoshone County | Idaho | $267,400 | $943 |
| Warren County | New York | $267,400 | $1,105 |
Other Counties in West Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Berkeley County | $266,300 | $1,233 | 76.0% |
| Morgan County | $240,600 | $794 | 84.1% |
| Putnam County | $223,300 | $952 | 81.8% |
| Hampshire County | $219,200 | $720 | 82.7% |
| Jefferson County | $350,800 | $1,108 | 80.3% |
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).