Market Overview
Home Prices in Flatwoods, WV
The median home value in Flatwoods, WV is $147,656 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Flatwoods are priced64% below average.
Over the past five years, Flatwoods home values have risen by approximately20.5%, reflecting strong long-term appreciation in this market.
Price History
Flatwoods Home Price Trend
2020
$98,670
$99K
—
2021
$122,583
$123K
+24.2%
2022
$140,502
$141K
+14.6%
2023
$137,757
$138K
-2.0%
2024
$144,931
$145K
+5.2%
2025
$145,425
$145K
+0.3%
2026
$147,656
$148K
+1.5%
City Comparison
Flatwoods vs. National Median
🏠 Flatwoods
$147,656
National Median
$410,000
At $147,656, homes in Flatwoods cost 64% below the national median of $410,000. This makes Flatwoods a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Flatwoods?
20% Down Payment
$29,531
on $147,656
Monthly P&I
$770/mo
30-yr @ 6.8%
Total Monthly Est.
~$978/mo
incl. taxes & insurance
Income Needed
$39,120
gross annual (30% rule)
10% Down Option
$14,766
+ PMI applies
Loan Amount (20% dn)
$118,125
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 Flatwoods, WV?
The median home value in Flatwoods is $147,656 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Flatwoods?
Over the past year, home values in Flatwoods have increased by 1.5%. Over five years, prices have risen approximately 20.5%.
How much do I need to earn to buy a home in Flatwoods?
To comfortably afford the median home price of $147,656 with a 20% down payment ($29,531) at today's rates (6.8%), you'd need a gross annual income of approximately $39,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Flatwoods compare to the national average home price?
The national median home value is approximately $410,000. At $147,656, homes in Flatwoods are 64% below the national average.