West Virginia stands out for its affordability in the housing market, particularly for first-time homebuyers. The average price of a starter home is an attractive $132,160, requiring a household income of just $31,653 for affordability at a 7% mortgage rate. This figure is significantly lower than the national average of around $70,000, making West Virginia a top choice for budget-conscious buyers. Additionally, the state boasts a low median effective property tax rate of 0.59%, further enhancing its appeal. Towns like Parkersburg and Clarksburg provide affordable options with a slower pace of life.
In West Virginia, the average price of a starter home is just $132,160, requiring a household income of only $31,653 per year.
Compared to nearby states like Ohio, Pennsylvania, and Kentucky, West Virginia clearly leads in affordability for homebuyers.
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