The typical home in Martinsburg, WV is worth about $270,000.
With 20% down that's a loan near $216,000 — the calculator
is pre-filled with that figure. Martinsburg has become one of the fastest-growing parts of West Virginia as MARC commuter rail service and I-81 access pull in workers priced out of the Washington, D.C. and Northern Virginia markets an hour or more away.
$1,402.41 / month
Total interest
$288,865
Total paid
$504,865
Payoff
30.0 years
How much you need to earn
Martinsburg, WV's median household income is about
$62,000 a year. Under standard 28/36
lending rules that supports a home price around
$236,527 with 20% down —
below the $270,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Martinsburg, WV is about $1,300 a month, so owning the median home costs roughly
$364 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Martinsburg, WV?
On the metro's roughly $270,000 typical home with 20% down, the loan is about $216,000. Principal and interest run near $1,402 a month at today's rate, and Martinsburg, WV's property tax plus insurance add about $262, for a full payment near $1,664.
Can I afford a home in Martinsburg, WV on the median income?
The median household income is about $62,000 a year. Under standard 28/36 lending rules that supports a home price around $236,527 with 20% down — below the $270,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Martinsburg, WV?
Typical asking rent is about $1,300 a month. The full owner payment on a median home is near $1,664, so owning costs roughly $364 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Martinsburg, WV?
The effective property tax rate in the core county is about 0.57% of market value — roughly $1,539 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Martinsburg, WV rising or falling?
Home values are up about 5% over the past year. Martinsburg has become one of the fastest-growing parts of West Virginia as MARC commuter rail service and I-81 access pull in workers priced out of the Washington, D.C. and Northern Virginia markets an hour or more away.