Wood County, West Virginia Housing Market

In Wood County, West Virginia, the median home value is $158,500, with a median monthly rent of $822. This places Wood County at #2056 nationally out of 3134 counties by median home value, and #18 within West Virginia.

Median Home Value $158,500
Median Rent $822/mo
Owner Occupancy 75.1%
Price/Rent Ratio 16.1

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Wood County rose +5.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

28,955
jobs (private sector)
  • Avg weekly wage: $1,039
  • Establishments: 2,554
  • BLS QCEW, 2025
🏗️

Housing Supply

87
new units authorized (2025)
  • Single-family: 81
  • Multi-family: 6
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1455
net migration (filers, 2021-2022)
  • Inflow: 33,818 (avg $66,753)
  • Outflow: 32,363 (avg $67,288)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 5 active ZIP codes in Wood County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 26181 188.5 +7.94% 2025
2 26187 237.1 +24.37% 2025
3 26104 193.9 -3.44% 2025
4 26105 209.5 +9.34% 2025
5 26101 188.4 +0.97% 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.

How Wood County Compares

MetricWood CountyWest Virginia AverageU.S. Average
Median Home Value $158,500 $148,003 $227,706
Median Gross Rent $822 $777 $968
Owner Occupancy Rate 75.1% 78.4% 73.3%
Price/Rent Ratio 16.1 15.8 18.7

Market Analysis

The median home value in Wood County is 7.1% above the West Virginia state average and 30.4% below the U.S. national average. The median rent of $822/month is 5.8% above the state average.

With a price-to-rent ratio of 16.1, the buy-vs-rent decision in Wood County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Wood County has an owner-occupancy rate of 75.1%, 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

CountyStateMedian Home ValueMedian Rent
Tallapoosa County Alabama $158,500 $765
Peoria County Illinois $158,500 $993
Greenlee County Arizona $158,600 $648
Scott County Indiana $158,400 $822
Montmorency County Michigan $158,600 $686

Other Counties in West Virginia

CountyMedian Home ValueMedian RentOwner Occ.
Jackson County $157,200 $716 78.6%
Monroe County $156,300 $690 86.9%
Doddridge County $160,800 $866 88.8%
Tucker County $154,800 $656 80.9%
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 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).