Mortgage payment estimates, closing cost breakdowns, and homebuying data for Huntington, West Virginia.
Median Home Price
$125K
Population
46K
Avg Monthly Rent
$780
Property Tax Rate
0.58% *
* Property tax shown is the West Virginia state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Huntington.
Huntington vs West Virginia Median
The median home price in Huntington is $125,000, which is 19% below the West Virginia state median of $155,000.
Mortgage Calculator — Huntington, WV
Pre-filled with Huntington median home price and West Virginia tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $125K home using West Virginia's 0.58% tax rate and $1,400/yr insurance.
5% Down
$997/mo
Down: $6,250
Loan: $119K
P&I: $751
Tax: $60
Insurance: $117
PMI: $69
10% Down
$954/mo
Down: $12,500
Loan: $113K
P&I: $711
Tax: $60
Insurance: $117
PMI: $66
20% Down (No PMI)
$809/mo
Down: $25,000
Loan: $100K
P&I: $632
Tax: $60
Insurance: $117
Income needed (28% rule): $35K/year with 20% down, $41K/year with 10% down.
Rent vs Buy in Huntington
Rent
$780/mo
vs
Buy (10% down)
$954/mo
Price-to-rent ratio: 13.4 — With a ratio under 15, buying in Huntington is likely more cost-effective than renting if you plan to stay 3+ years. The monthly cost of buying is $174 more than renting, but you build equity with every payment.
The median home price in Huntington is $125,000, 19% below the West Virginia state median of $155,000. With a population of 46,048, Huntington is a smaller market where home prices tend to be more accessible than in many parts of West Virginia.
Property taxes in West Virginia average 0.58% annually. This low property tax rate is a significant advantage for Huntington buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in West Virginia runs approximately $1,400 per year. This is within the normal range nationally.
Average rent in Huntington is $780/month. With a price-to-rent ratio under 15, buying may be more cost-effective than renting in Huntington over the long term.
Huntington offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with West Virginia's WVHDF Homeownership Program program.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Huntington.