Berkeley County, West Virginia Housing Market Prices
Berkeley County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 182% above the West Virginia median Among the 5 most expensive counties in West Virginia$267,272
-
Median rent 41% above the West Virginia median Most expensive county in West Virginia$1,232
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Berkeley County | West Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $267,272 | $94,699 | $248,835 |
| Price Trend (Annual %) | 10.8% | 1.7% | 7.5% |
| Median Gross Rent | $1,232 | $871 | $1,407 |
| Rent Trend (Annual %) | 3.5% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Berkeley County is about 182% higher than in West Virginia. Rent is about 41% higher than the West Virginia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Berkeley County, up about 10.8% and 3.5% a year respectively. Home prices are changing faster.
Median rent in Berkeley County rose about 34.1% between 2015 and 2024, from $919 to $1,232. Over the same span, rent in West Virginia rose about 35.6%.
Affordability
On average, housing unit costs 3.3 yearly household incomes in Berkeley County.
Buying the median-priced home in Berkeley County costs roughly 18.1 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Berkeley County. The price-to-rent ratio in West Virginia is about 9.1.
| Metric | Berkeley County | West Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $267,272 | $94,699 | $248,835 |
| Median Household Income | $81,771 | $59,640 | $80,455 |
| Price-to-Income Ratio | 3.3 | 1.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Berkeley County rose about 148.5%, while median household income rose about 47.4% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Berkeley County | West Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.1% | 63.3% | 58.5% |
| Rental Rate | 22.7% | 21.3% | 31.2% |
| Vacancy Rate | 5.2% | 15.4% | 10.2% |
| Median Tenure (years) | 14.0 | 18.0 | 15.0 |
| Median Year Moved In | 2012 | 2008 | 2011 |
Berkeley County has a homeownership rate of 72.1%, higher than the West Virginia average of 63.3%. Its housing vacancy rate is 5.2%, compared with 15.4% in West Virginia.
Housing Stock
| Metric | Berkeley County | West Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.52 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1992 | 1975 | 1978 |
| Median Number of Rooms | 6.0 | 5.9 | 5.5 |
The typical housing unit in Berkeley County was built around 1992. On average, 2.5 people live in a home with about 6.0 rooms, staying for about 14.0 years on average.
Berkeley County, WV Housing Compared With Nearby Counties
Berkeley County, WV is the 2nd largest of the 5 counties compared here, 129,514 residents against a local median of 77,109. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Berkeley County, WV an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is median home price, 9% above the local median at $267,272 against $244,488. Berkeley County, WV has the 3rd highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Berkeley County, WV | 129,514 | $267,272 #3/5 | $1,232 #2/5 | 76.0% #4/5 |
| Jefferson County, WV | 59,260 | $354,347 | $1,107 | 80.3% |
| Morgan County, WV | 17,426 | $91,250 | $793 | 84.1% |
| Washington County, MD | 155,706 | $148,959 | $1,146 | 66.8% |
| Frederick County, VA | 94,959 | $340,016 | $1,507 | 79.3% |
Frequently Asked Questions
Common questions about the housing market in Berkeley County, West Virginia.
What is the median home price in Berkeley County, West Virginia?
The median home price in Berkeley County, West Virginia is $267,272, higher than the West Virginia average of $94,699.
What is the average home price in Berkeley County, West Virginia?
The typical home price in Berkeley County, West Virginia, reported as the median sale price, is $267,272. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Berkeley County, West Virginia?
The median gross rent in Berkeley County, West Virginia is $1,232 per month, higher than the West Virginia average of $871.
What was the median gross rent in Berkeley County in 2020?
In 2020, the median gross rent in Berkeley County, West Virginia was $1,028 per month.
What is the price-to-rent ratio in Berkeley County, West Virginia?
The price-to-rent ratio in Berkeley County, West Virginia is about 18.1, meaning it would take roughly 18.1 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Berkeley County.
Are home prices or rent rising faster in Berkeley County, West Virginia?
Both home prices and rent are rising in Berkeley County, up about 10.8% and 3.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Berkeley County, West Virginia?
72.1% of households in Berkeley County, West Virginia own their home, higher than the West Virginia average of 63.3%.
What is the vacancy rate in Berkeley County, West Virginia?
The housing vacancy rate in Berkeley County, West Virginia is 5.2%, lower than the West Virginia average of 15.4%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →