Lincoln County, West Virginia Housing Market Prices
Lincoln 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 12% above the West Virginia median$105,903
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Median rent 12% below the West Virginia median$770
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lincoln County | West Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $105,903 | $94,699 | $248,835 |
| Price Trend (Annual %) | 119.0% | 1.7% | 7.5% |
| Median Gross Rent | $770 | $871 | $1,407 |
| Rent Trend (Annual %) | 5.8% | 3.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lincoln County is about 12% higher than in West Virginia. Rent is about 12% lower than the West Virginia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2022
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Lincoln County, up about 119.0% and 5.8% a year respectively. Home prices are changing faster.
Median rent in Lincoln County rose about 47.2% between 2015 and 2024, from $523 to $770. Over the same span, rent in West Virginia rose about 35.6%.
Affordability
On average, housing unit costs 2.3 yearly household incomes in Lincoln County.
Buying the median-priced home in Lincoln County costs roughly 11.5 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Lincoln County. The price-to-rent ratio in West Virginia is about 9.1.
| Metric | Lincoln County | West Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $105,903 | $94,699 | $248,835 |
| Median Household Income | $46,204 | $59,640 | $80,455 |
| Price-to-Income Ratio | 2.3 | 1.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2022, the median home price in Lincoln County rose about 3.2%, while median household income rose about 54.6% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Lincoln County | West Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.5% | 63.3% | 58.5% |
| Rental Rate | 20.4% | 21.3% | 31.2% |
| Vacancy Rate | 20.0% | 15.4% | 10.2% |
| Median Tenure (years) | 21.0 | 18.0 | 15.0 |
| Median Year Moved In | 2005 | 2008 | 2011 |
Lincoln County has a homeownership rate of 59.5%, lower than the West Virginia average of 63.3%. Its housing vacancy rate is 20.0%, compared with 15.4% in West Virginia.
Housing Stock
| Metric | Lincoln County | West Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.59 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1981 | 1975 | 1978 |
| Median Number of Rooms | 5.9 | 5.9 | 5.5 |
The typical housing unit in Lincoln County was built around 1981. On average, 2.6 people live in a home with about 5.9 rooms, staying for about 21.0 years on average.
Lincoln County, WV Housing Compared With Nearby Counties
Lincoln County, WV is the smallest of the 6 counties compared here, 19,902 residents against a local median of 38,164. The measure that sets Lincoln County, WV apart most is median home price: $105,903, 59% above the local median of $66,665.
Median rent tells the same story from another angle: $770 against a local median of $915, 16% below it. The counties themselves spread $76,497 on median home price, so Lincoln County, WV sits at one end of an already wide local range rather than apart from it. Lincoln County, WV has the highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lincoln County, WV | 19,902 | $105,903 #1/6 | $770 #5/6 | 74.5% #5/6 |
| Cabell County, WV | 92,739 | $55,124 | $923 | 64.2% |
| Wayne County, WV | 38,164 | $98,860 | $915 | 78.6% |
| Logan County, WV | 31,458 | $93,898 | $709 | 77.0% |
| Putnam County, WV | 57,177 | $22,363 | $952 | 81.8% |
| Boone County, WV | 21,027 | $66,665 | $836 | 81.3% |
Frequently Asked Questions
Common questions about the housing market in Lincoln County, West Virginia.
What is the median home price in Lincoln County, West Virginia?
The median home price in Lincoln County, West Virginia is $105,903, higher than the West Virginia average of $94,699.
What is the average home price in Lincoln County, West Virginia?
The typical home price in Lincoln County, West Virginia, reported as the median sale price, is $105,903. 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 Lincoln County, West Virginia?
The median gross rent in Lincoln County, West Virginia is $770 per month, lower than the West Virginia average of $871.
What was the median gross rent in Lincoln County in 2020?
In 2020, the median gross rent in Lincoln County, West Virginia was $631 per month.
What is the price-to-rent ratio in Lincoln County, West Virginia?
The price-to-rent ratio in Lincoln County, West Virginia is about 11.5, meaning it would take roughly 11.5 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Lincoln County.
Are home prices or rent rising faster in Lincoln County, West Virginia?
Both home prices and rent are rising in Lincoln County, up about 119.0% and 5.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lincoln County, West Virginia?
59.5% of households in Lincoln County, West Virginia own their home, lower than the West Virginia average of 63.3%.
What is the vacancy rate in Lincoln County, West Virginia?
The housing vacancy rate in Lincoln County, West Virginia is 20.0%, higher than the West Virginia average of 15.4%.
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