Gilmer County, West Virginia Housing Market Prices
Gilmer 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 50% above the West Virginia median More expensive than 80% of counties in West Virginia$141,666
-
Median rent 14% below the West Virginia median$749
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Gilmer County | West Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $141,666 | $94,699 | $248,835 |
| Price Trend (Annual %) | 4.5% | 1.7% | 7.5% |
| Median Gross Rent | $749 | $871 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Gilmer County is about 50% higher than in West Virginia. Rent is about 14% lower 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 Gilmer County, up about 4.5% and 4.1% a year respectively. Home prices are changing faster.
Median rent in Gilmer County rose about 33.5% between 2015 and 2024, from $561 to $749. Over the same span, rent in West Virginia rose about 35.6%.
Affordability
On average, housing unit costs 3.0 yearly household incomes in Gilmer County.
Buying the median-priced home in Gilmer County costs roughly 15.8 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 Gilmer County. The price-to-rent ratio in West Virginia is about 9.1.
| Metric | Gilmer County | West Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $141,666 | $94,699 | $248,835 |
| Median Household Income | $47,050 | $59,640 | $80,455 |
| Price-to-Income Ratio | 3.0 | 1.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Gilmer County rose about 119.5%, while median household income rose about 91.0% 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 | Gilmer County | West Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 54.7% | 63.3% | 58.5% |
| Rental Rate | 17.6% | 21.3% | 31.2% |
| Vacancy Rate | 27.7% | 15.4% | 10.2% |
| Median Tenure (years) | 19.0 | 18.0 | 15.0 |
| Median Year Moved In | 2007 | 2008 | 2011 |
Gilmer County has a homeownership rate of 54.7%, lower than the West Virginia average of 63.3%. Its housing vacancy rate is 27.7%, compared with 15.4% in West Virginia.
Housing Stock
| Metric | Gilmer County | West Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.28 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1973 | 1975 | 1978 |
| Median Number of Rooms | 5.7 | 5.9 | 5.5 |
The typical housing unit in Gilmer County was built around 1973. On average, 2.3 people live in a home with about 5.7 rooms, staying for about 19.0 years on average.
Gilmer County, WV Housing Compared With Nearby Counties
How Gilmer County, WV compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Gilmer County, WV | 7,288 | $141,666 #1/2 | $749 #2/2 | 75.6% #2/2 |
| Doddridge County, WV | 7,711 | $107,102 | $866 | 88.8% |
Frequently Asked Questions
Common questions about the housing market in Gilmer County, West Virginia.
What is the median home price in Gilmer County, West Virginia?
The median home price in Gilmer County, West Virginia is $141,666, higher than the West Virginia average of $94,699.
What is the average home price in Gilmer County, West Virginia?
The typical home price in Gilmer County, West Virginia, reported as the median sale price, is $141,666. 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 Gilmer County, West Virginia?
The median gross rent in Gilmer County, West Virginia is $749 per month, lower than the West Virginia average of $871.
What was the median gross rent in Gilmer County in 2020?
In 2020, the median gross rent in Gilmer County, West Virginia was $596 per month.
What is the price-to-rent ratio in Gilmer County, West Virginia?
The price-to-rent ratio in Gilmer County, West Virginia is about 15.8, meaning it would take roughly 15.8 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 Gilmer County.
Are home prices or rent rising faster in Gilmer County, West Virginia?
Both home prices and rent are rising in Gilmer County, up about 4.5% and 4.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Gilmer County, West Virginia?
54.7% of households in Gilmer County, West Virginia own their home, lower than the West Virginia average of 63.3%.
What is the vacancy rate in Gilmer County, West Virginia?
The housing vacancy rate in Gilmer County, West Virginia is 27.7%, higher 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 →