Summers County, WV real estate

What the numbers say

Summers County, WV real estate at a glance

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

Homeowners in Summers County pay a median of $439 a year in property taxes on a median home value of $140,100, an effective rate of about 0.31%. The West Virginia average is 0.53%, which makes Summers County the #3 lowest-tax of 55 counties in the state with published tax data.

Renters pay a median of $915 a month, and $747 for a two-bedroom. At today's prices a typical home costs about 13 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 $140,000 home here comes to about $859 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $37,000 a year (the median household here earns $40,699).