
"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."
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.
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