Parkersburg housing market

Neutral marketParkersburg, WV metro areaData through Sep 2026
Typical home value
$169K
▲ 0.7% 1 yr
Typical rent
$1,063/mo
▲ 9.0% 1 yr
12-month forecast
+2.1%
#262 of 546 metros
Gross rent yield
7.6%
#74 of 546 · U.S. 6.3%
Days to pending
60 days
▲ +25 days 1 yr
Listings with a price cut
23%
▼ −6.7 pts 1 yr

Key takeaways

  • 1The typical home is worth $168,563, up 0.7% in a year and up 21% over five years.
  • 2Zillow forecasts home values rising 2.1% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,063/mo (+9.0% YoY), a 7.6% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $926/mo in principal and interest, $137 less than renting.
  • 5Homes go under contract in 60 days (+25 days vs last year); 23% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 50/100, #145 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $169K
$111K$129K$147K$165K2016201920222025
Typical monthly rent
Latest $1,063
$870$930$990$1,0502023202420252026

How fast homes are selling

Days to go under contract
Latest 60
28558110820182020202220242026
Share of listings with a price cut
Latest 22.6%
12.5%17.7%22.9%28.1%20182020202220242026
Homes for sale vs new listings
Latest 313
For saleNew listings
7020734448120182020202220242026
Share of homes sold above list price
Latest 17.9%
7.2%14.9%22.6%30.2%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $46K
To buy (20% down)To rent
$24K$31K$38K$44K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Parkersburg compares

MeasureParkersburgUnited StatesRank of 546
Home value, 1-yr change+0.7%+1.2%#389
Home value, 5-yr change+21.4%+19.7%
12-month forecast+2.1%+1.1%#262
Rent, 1-yr change+9.0%+2.7%#15
Gross rent yield7.6%6.3%#74
Price-to-rent ratio13.215.8
Mortgage P&I on typical home$926$2,012
Income needed to buy$45,890$100,902
Days to pending6056

Run the numbers

Other West Virginia metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.