Housing · Welch

Welch, WV housing market

The typical Welch home is worth about $54,000, down 10% in a year, 70% below the West Virginia typical home.

Home values, sales, trends and how Welch compares with the towns next door — updated as new data is published.

The market right now

Welch at a glance

Typical home value
$54K
▼ 10% in a year · Zillow
Ten-year trend

Typical home value, 2019–2026

WelchWest Virginia
$50K$75K$100K$125K$150K$175K$200K 2020202220242026 Welch $54K West Virginia $180K
Show as a table
JanuaryWelchWest Virginia
2020$61,000$122,000
2021$85,000$137,000
2022$87,000$149,000
2023$77,000$158,000
2024$67,000$163,000
2025$69,000$175,000
2026$51,000$176,000
August 2026$54,000$180,000
Affordability

1.6 years of income

The typical Welch home costs about 1.6 years of the town's median household income, less than across West Virginia (3 years).

How Welch ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
75.3%
West Virginia: 74.9%
Median tax bill
$430
West Virginia: $865
Median rent
$441
West Virginia: $872
Typical home built
1948
West Virginia: 1976

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,010

HUD's Fair Market Rent for a two-bedroom in Welch is $1,010 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Welch pay a median of $441, so moving in tends to cost more than staying put. A two-bedroom takes about 37% of the town's median household income, above the 30% guideline for affordable housing.

1 bedroom
$770
a month, with utilities
2 bedrooms
$1,010
a month, with utilities
3 bedrooms
$1,330
a month, with utilities
Share of income
37%
2 bedrooms ÷ median income

Studio $760 · 4 bedrooms $1,340

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (24801, 24853; McDowell County, WV), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01