West Virginia Real Estate
According to census data in the year 2000 there were 844,623 housing units in West Virginia.
This represents a 8.1% from 781,295 in 1990.
Of those housing units, 391,409 were located in either urbanized areas or urban clusters, and 453,214 were located in what is classified as a rural area.
Homeownership rate in West Virginia is about 75.2%.
West Virginia's vacancy rate, including seasonal lodging, is about 12.8%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in West Virginia were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.1% |
| One Bedroom | 8.6% |
| Two Bedrooms | 31.5% |
| Three Bedrooms | 44.9% |
| Four Bedrooms | 11.5% |
| Five Bedrooms or more | 2.4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $72,800 |
| Median Price asked for vacant units | $46,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $320 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.1% |
| Second Mortgage | 3.9% |
| Home Equity Loan | 5.6% |
| Simple Mortgage | 42.7% |
| Debt Free | 47.7% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |
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