Wetzel County, West Virginia Housing Market
In Wetzel County, West Virginia, the median home value is $107,900, with a median monthly rent of $688. This places Wetzel County at #2822 nationally out of 3134 counties by median home value, and #45 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: $1,030
- Establishments: 392
- BLS QCEW, 2025
Housing Supply
- Single-family: 2
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,913 (avg $62,027)
- Outflow: 5,574 (avg $63,558)
- IRS Statistics of Income
How Wetzel County Compares
| Metric | Wetzel County | West Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $107,900 | $148,003 | $227,706 |
| Median Gross Rent | $688 | $777 | $968 |
| Owner Occupancy Rate | 83.2% | 78.4% | 73.3% |
| Price/Rent Ratio | 13.1 | 15.8 | 18.7 |
Market Analysis
The median home value in Wetzel County is 27.1% below the West Virginia state average and 52.6% below the U.S. national average. The median rent of $688/month is 11.5% below the state average.
With a price-to-rent ratio of 13.1, buying a home in Wetzel 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.
Wetzel County has an owner-occupancy rate of 83.2%, 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 |
|---|---|---|---|
| Latimer County | Oklahoma | $107,900 | $646 |
| Lincoln County | Arkansas | $108,000 | $744 |
| White County | Illinois | $108,100 | $719 |
| Frio County | Texas | $107,700 | $1,016 |
| Allen County | Kansas | $107,600 | $720 |
Other Counties in West Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Clay County | $109,100 | $651 | 76.0% |
| Fayette County | $105,800 | $788 | 77.7% |
| Lincoln County | $105,300 | $771 | 74.5% |
| Logan County | $103,400 | $710 | 77.0% |
| Calhoun County | $100,500 | $473 | 87.1% |
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).