Mortgage payment estimates, closing cost breakdowns, and homebuying data for Parkersburg, West Virginia.
Pre-filled with Parkersburg median home price and West Virginia tax/insurance rates. Adjust for your property.
Estimated closing costs based on West Virginia rates and fees applied to Parkersburg prices.
The median home price in Parkersburg is $115,000, 26% below the West Virginia state median of $155,000. With a population of 29,675, Parkersburg 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 Parkersburg 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 Parkersburg is $750/month. With a price-to-rent ratio under 15, buying may be more cost-effective than renting in Parkersburg over the long term.
Parkersburg 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.