Grant County, West Virginia Housing Market Prices
Grant 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.
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Median home price 131% above the West Virginia median More expensive than 89% of counties in West Virginia$218,309
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Median rent 26% below the West Virginia median Cheaper than 89% of counties in West Virginia$643
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Grant County | West Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $218,309 | $94,699 | $248,835 |
| Price Trend (Annual %) | 68.7% | 1.7% | 7.5% |
| Median Gross Rent | $643 | $871 | $1,407 |
| Rent Trend (Annual %) | 2.0% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Grant County is about 131% higher than in West Virginia. Rent is about 26% 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 Grant County, up about 68.7% and 2.0% a year respectively. Home prices are changing faster.
Median rent in Grant County rose about 13.2% between 2015 and 2024, from $568 to $643. Over the same span, rent in West Virginia rose about 35.6%.
Affordability
On average, housing unit costs 3.6 yearly household incomes in Grant County.
Buying the median-priced home in Grant County costs roughly 28.3 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Grant County. The price-to-rent ratio in West Virginia is about 9.1.
| Metric | Grant County | West Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $218,309 | $94,699 | $248,835 |
| Median Household Income | $60,837 | $59,640 | $80,455 |
| Price-to-Income Ratio | 3.6 | 1.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Grant County rose about 160.7%, while median household income rose about 58.3% 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 | Grant County | West Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.8% | 63.3% | 58.5% |
| Rental Rate | 14.7% | 21.3% | 31.2% |
| Vacancy Rate | 22.5% | 15.4% | 10.2% |
| Median Tenure (years) | 21.0 | 18.0 | 15.0 |
| Median Year Moved In | 2005 | 2008 | 2011 |
Grant County has a homeownership rate of 62.8%, lower than the West Virginia average of 63.3%. Its housing vacancy rate is 22.5%, compared with 15.4% in West Virginia.
Housing Stock
| Metric | Grant County | West Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.47 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1982 | 1975 | 1978 |
| Median Number of Rooms | 6.2 | 5.9 | 5.5 |
The typical housing unit in Grant County was built around 1982. On average, 2.5 people live in a home with about 6.2 rooms, staying for about 21.0 years on average.
Grant County, WV Housing Compared With Nearby Counties
How Grant County, WV compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Grant County, WV | 10,983 | $218,309 #1/2 | $643 #2/2 | 81.1% #1/2 |
| Garrett County, MD | 28,615 | $135,588 | $765 | 79.7% |
Frequently Asked Questions
Common questions about the housing market in Grant County, West Virginia.
What is the median home price in Grant County, West Virginia?
The median home price in Grant County, West Virginia is $218,309, higher than the West Virginia average of $94,699.
What is the average home price in Grant County, West Virginia?
The typical home price in Grant County, West Virginia, reported as the median sale price, is $218,309. 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 Grant County, West Virginia?
The median gross rent in Grant County, West Virginia is $643 per month, lower than the West Virginia average of $871.
What was the median gross rent in Grant County in 2020?
In 2020, the median gross rent in Grant County, West Virginia was $543 per month.
What is the price-to-rent ratio in Grant County, West Virginia?
The price-to-rent ratio in Grant County, West Virginia is about 28.3, meaning it would take roughly 28.3 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Grant County.
Are home prices or rent rising faster in Grant County, West Virginia?
Both home prices and rent are rising in Grant County, up about 68.7% and 2.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Grant County, West Virginia?
62.8% of households in Grant County, West Virginia own their home, lower than the West Virginia average of 63.3%.
What is the vacancy rate in Grant County, West Virginia?
The housing vacancy rate in Grant County, West Virginia is 22.5%, higher than the West Virginia average of 15.4%.
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