Market Overview
Home Prices in Jolo, WV
The median home value in Jolo, WV is $53,301 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.8% compared to a year ago and down 14% from two years prior.
Compared to the U.S. national median of $410,000, homes in Jolo are priced87% below average.
Over the past five years, Jolo home values have fallen by approximately30.9%, reflecting softening conditions in this market.
Price History
Jolo Home Price Trend
2020
$55,061
$55K
—
2021
$77,120
$77K
+40.1%
2022
$79,785
$80K
+3.5%
2023
$67,725
$68K
-15.1%
2024
$64,379
$64K
-4.9%
2025
$55,390
$55K
-14.0%
2026
$53,301
$53K
-3.8%
City Comparison
Jolo vs. National Median
🏠 Jolo
$53,301
National Median
$410,000
At $53,301, homes in Jolo cost 87% below the national median of $410,000. This makes Jolo a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Jolo?
20% Down Payment
$10,660
on $53,301
Monthly P&I
$278/mo
30-yr @ 6.8%
Total Monthly Est.
~$353/mo
incl. taxes & insurance
Income Needed
$14,120
gross annual (30% rule)
10% Down Option
$5,330
+ PMI applies
Loan Amount (20% dn)
$42,641
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 Jolo, WV?
The median home value in Jolo is $53,301 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.8% year-over-year.
How much have home prices changed in Jolo?
Over the past year, home values in Jolo have decreased by 3.8%. Over five years, prices have fallen approximately 30.9%.
How much do I need to earn to buy a home in Jolo?
To comfortably afford the median home price of $53,301 with a 20% down payment ($10,660) at today's rates (6.8%), you'd need a gross annual income of approximately $14,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Jolo compare to the national average home price?
The national median home value is approximately $410,000. At $53,301, homes in Jolo are 87% below the national average.