Hampshire County, WV real estate

What the numbers say

Hampshire County, WV real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Hampshire County pay a median of $836 a year in property taxes on a median home value of $219,200, an effective rate of about 0.38%. The West Virginia average is 0.53%, which makes Hampshire County the #8 lowest-tax of 55 counties in the state with published tax data.

Renters pay a median of $720 a month, and $775 for a two-bedroom. At today's prices a typical home costs about 25 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $219,000 home here comes to about $1,356 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $58,000 a year (the median household here earns $63,116).