Market Overview
Home Prices in Berkeley Springs, WV
The median home value in Berkeley Springs, WV is $326,973 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.3% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Berkeley Springs are priced20% below average. Berkeley Springs is part of the Hagerstown-Martinsburg, MD-WV metro area.
Over the past five years, Berkeley Springs home values have risen by approximately42.4%, reflecting strong long-term appreciation in this market.
Price History
Berkeley Springs Home Price Trend
City Comparison
Berkeley Springs vs. National Median
At $326,973, homes in Berkeley Springs cost 20% below the national median of $410,000. This makes Berkeley Springs a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Berkeley Springs?
20% Down Payment
$65,395
on $326,973
Monthly P&I
$1,705/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,165/mo
incl. taxes & insurance
Income Needed
$86,600
gross annual (30% rule)
10% Down Option
$32,697
+ PMI applies
Loan Amount (20% dn)
$261,578
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Berkeley Springs, WV?
The median home value in Berkeley Springs is $326,973 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.3% year-over-year.
How much have home prices changed in Berkeley Springs?
Over the past year, home values in Berkeley Springs have increased by 3.3%. Over five years, prices have risen approximately 42.4%.
How much do I need to earn to buy a home in Berkeley Springs?
To comfortably afford the median home price of $326,973 with a 20% down payment ($65,395) at today's rates (6.8%), you'd need a gross annual income of approximately $86,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Berkeley Springs compare to the national average home price?
The national median home value is approximately $410,000. At $326,973, homes in Berkeley Springs are 20% below the national average.
What metro area is Berkeley Springs part of?
Berkeley Springs is part of the Hagerstown-Martinsburg, MD-WV metropolitan area. Home prices and market conditions can vary across the broader metro region.