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Parkersburg, WV mortgage & affordability calculator

The typical home in Parkersburg, WV is worth about $130,000. With 20% down that's a loan near $104,000 — the calculator is pre-filled with that figure. Parkersburg grew up around chemical manufacturing on the Ohio River, including a long-running DuPont/Chemours plant that has drawn national attention for PFAS contamination litigation. Home prices remain among the lowest in Appalachia, and West Virginia's property tax rate stays low across the board.

$675.23 / month

Total interest
$139,087
Total paid
$243,087
Payoff
30.0 years
Balance over YearBalance ends near $0 at 30.$0$26k$52k$78k$104k0612182430Year

How much you need to earn

Parkersburg, WV's median household income is about $52,000 a year. Under standard 28/36 lending rules that supports a home price around $185,732 with 20% down — comfortably above the $130,000 typical price.

$185,757 max home price

Max loan amount
$159,757
Housing payment budget
$1,213
P&I budget
$1,037
Bound by
front-end ratio

Uses the 28% front-end / 36% back-end DTI guidelines. Lenders vary.

Typical asking rent in Parkersburg, WV is about $750 a month, so owning the median home costs roughly $101 more per month before tax effects, maintenance, and any change in home value.

Frequently asked questions

What is a typical mortgage payment in Parkersburg, WV?
On the metro's roughly $130,000 typical home with 20% down, the loan is about $104,000. Principal and interest run near $675 a month at today's rate, and Parkersburg, WV's property tax plus insurance add about $176, for a full payment near $851.
Can I afford a home in Parkersburg, WV on the median income?
The median household income is about $52,000 a year. Under standard 28/36 lending rules that supports a home price around $185,732 with 20% down — above the $130,000 typical price, so a median home is within reach.
Is it cheaper to rent or buy in Parkersburg, WV?
Typical asking rent is about $750 a month. The full owner payment on a median home is near $851, so owning costs roughly $101 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Parkersburg, WV?
The effective property tax rate in the core county is about 0.55% of market value — roughly $715 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Parkersburg, WV rising or falling?
Home values are up about 3% over the past year. Parkersburg grew up around chemical manufacturing on the Ohio River, including a long-running DuPont/Chemours plant that has drawn national attention for PFAS contamination litigation. Home prices remain among the lowest in Appalachia, and West Virginia's property tax rate stays low across the board.

Nearby metros

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