Jefferson County, West Virginia Housing Market Prices
Jefferson 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 274% above the West Virginia median Most expensive county in West Virginia$354,347
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Median rent 27% above the West Virginia median Among the 3 most expensive counties in West Virginia$1,107
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Jefferson County | West Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $354,347 | $94,699 | $248,835 |
| Price Trend (Annual %) | 19.6% | 1.7% | 7.5% |
| Median Gross Rent | $1,107 | $871 | $1,407 |
| Rent Trend (Annual %) | 2.9% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Jefferson County is about 274% higher than in West Virginia. Rent is about 27% 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 Jefferson County, up about 19.6% and 2.9% a year respectively. Home prices are changing faster.
Median rent in Jefferson County rose about 24.9% between 2015 and 2024, from $886 to $1,107. Over the same span, rent in West Virginia rose about 35.6%.
Affordability
On average, housing unit costs 3.6 yearly household incomes in Jefferson County.
Buying the median-priced home in Jefferson County costs roughly 26.7 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 Jefferson County. The price-to-rent ratio in West Virginia is about 9.1.
| Metric | Jefferson County | West Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $354,347 | $94,699 | $248,835 |
| Median Household Income | $98,855 | $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 Jefferson County rose about 132.9%, while median household income rose about 47.5% 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 | Jefferson County | West Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 73.9% | 63.3% | 58.5% |
| Rental Rate | 18.2% | 21.3% | 31.2% |
| Vacancy Rate | 8.0% | 15.4% | 10.2% |
| Median Tenure (years) | 16.0 | 18.0 | 15.0 |
| Median Year Moved In | 2010 | 2008 | 2011 |
Jefferson County has a homeownership rate of 73.9%, higher than the West Virginia average of 63.3%. Its housing vacancy rate is 8.0%, compared with 15.4% in West Virginia.
Housing Stock
| Metric | Jefferson County | West Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.55 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1992 | 1975 | 1978 |
| Median Number of Rooms | 6.4 | 5.9 | 5.5 |
The typical housing unit in Jefferson County was built around 1992. On average, 2.5 people live in a home with about 6.4 rooms, staying for about 16.0 years on average.
Jefferson County, WV Housing Compared With Nearby Counties
Jefferson County, WV is the smallest of the 4 counties compared here, 59,260 residents against a local median of 155,706. Where Jefferson County, WV breaks from the counties next to it is median home price, sitting 33% above the local median of $267,272 at $354,347.
The counties themselves spread $666,580 on median home price, so Jefferson County, WV sits at one end of an already wide local range rather than apart from it. Jefferson County, WV has the 2nd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Jefferson County, WV | 59,260 | $354,347 #2/4 | $1,107 #4/4 | 80.3% #1/4 |
| Berkeley County, WV | 129,514 | $267,272 | $1,232 | 76.0% |
| Washington County, MD | 155,706 | $148,959 | $1,146 | 66.8% |
| Loudoun County, VA | 432,991 | $815,538 | $2,385 | 77.9% |
Frequently Asked Questions
Common questions about the housing market in Jefferson County, West Virginia.
What is the median home price in Jefferson County, West Virginia?
The median home price in Jefferson County, West Virginia is $354,347, higher than the West Virginia average of $94,699.
What is the average home price in Jefferson County, West Virginia?
The typical home price in Jefferson County, West Virginia, reported as the median sale price, is $354,347. 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 Jefferson County, West Virginia?
The median gross rent in Jefferson County, West Virginia is $1,107 per month, higher than the West Virginia average of $871.
What was the median gross rent in Jefferson County in 2020?
In 2020, the median gross rent in Jefferson County, West Virginia was $1,062 per month.
What is the price-to-rent ratio in Jefferson County, West Virginia?
The price-to-rent ratio in Jefferson County, West Virginia is about 26.7, meaning it would take roughly 26.7 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 Jefferson County.
Are home prices or rent rising faster in Jefferson County, West Virginia?
Both home prices and rent are rising in Jefferson County, up about 19.6% and 2.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Jefferson County, West Virginia?
73.9% of households in Jefferson County, West Virginia own their home, higher than the West Virginia average of 63.3%.
What is the vacancy rate in Jefferson County, West Virginia?
The housing vacancy rate in Jefferson County, West Virginia is 8.0%, lower than the West Virginia average of 15.4%.
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