Nicholas County, WV Real Estate: Home Prices, Property Tax & Rent

Median home value

$121,600Median home value · Census

Property tax rate

0.46%Below state avg 0.53%Median bill $554/yr · Census

Median rent

$6862-bed $882Per month · Census

30-yr mortgage rate

7.24%Freddie Mac weekly average

What the numbers say

Nicholas County, WV real estate at a glance

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

Homeowners in Nicholas County pay a median of $554 a year in property taxes on a median home value of $121,600, an effective rate of about 0.46%. The West Virginia average is 0.53%, which makes Nicholas County the #20 lowest-tax of 55 counties in the state with published tax data.

Renters pay a median of $686 a month, and $882 for a two-bedroom. At today's prices a typical home costs about 15 times a year's rent, which generally favors buying.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $122,000 home here comes to about $760 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $33,000 a year (the median household here earns $54,639).

Monthly payment on a typical home

$760/mo

Principal & interest$663
Property tax$46
Insurance (est.)$51

$122,000 home · 20% down · 7.24% 30-year fixed

Run your own numbers

Rents in Nicholas County by bedrooms

Studio$6184% below state

1 bedroom$38541% below state

2 bedrooms$8822% below state

3 bedrooms$85717% below state

4 bedrooms$86819% below state

Median gross rent (rent plus utilities), US Census American Community Survey 2024 5-year estimates.

Selling here?See what you'd walk away with after commissions and closing costs.Seller net sheet → Buying here?Monthly payment with Nicholas County's real property tax rate.Mortgage calculator → Agent here?Find out how many listing appointments you need to hit your income goal.Agent income calculator →

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Sources: Realtor.com housing inventory (monthly) and Freddie Mac Primary Mortgage Market Survey (weekly), via FRED, Federal Reserve Bank of St. Louis; US Census Bureau American Community Survey 5-year estimates (property taxes, home values, rents, income). Insurance is an estimate. Medians for the whole county; individual homes vary. For information only.