Market Overview
Home Prices in Ceredo, WV
The median home value in Ceredo, WV is $167,616 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.3% compared to a year ago and up 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ceredo are priced59% below average. Ceredo is part of the Huntington-Ashland, WV-KY-OH metro area.
Over the past five years, Ceredo home values have risen by approximately14.6%, reflecting steady appreciation in this market.
Price History
Ceredo Home Price Trend
City Comparison
Ceredo vs. National Median
At $167,616, homes in Ceredo cost 59% below the national median of $410,000. This makes Ceredo a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ceredo?
20% Down Payment
$33,523
on $167,616
Monthly P&I
$874/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,110/mo
incl. taxes & insurance
Income Needed
$44,400
gross annual (30% rule)
10% Down Option
$16,762
+ PMI applies
Loan Amount (20% dn)
$134,093
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 Ceredo, WV?
The median home value in Ceredo is $167,616 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.3% year-over-year.
How much have home prices changed in Ceredo?
Over the past year, home values in Ceredo have increased by 4.3%. Over five years, prices have risen approximately 14.6%.
How much do I need to earn to buy a home in Ceredo?
To comfortably afford the median home price of $167,616 with a 20% down payment ($33,523) at today's rates (6.8%), you'd need a gross annual income of approximately $44,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Ceredo compare to the national average home price?
The national median home value is approximately $410,000. At $167,616, homes in Ceredo are 59% below the national average.
What metro area is Ceredo part of?
Ceredo is part of the Huntington-Ashland, WV-KY-OH metropolitan area. Home prices and market conditions can vary across the broader metro region.