Market Overview
Home Prices in New Creek, WV
The median home value in New Creek, WV is $226,698 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.7% compared to a year ago and down 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Creek are priced45% below average. New Creek is part of the Cumberland, MD-WV metro area.
Over the past five years, New Creek home values have risen by approximately14.4%, reflecting steady appreciation in this market.
Price History
New Creek Home Price Trend
City Comparison
New Creek vs. National Median
At $226,698, homes in New Creek cost 45% below the national median of $410,000. This makes New Creek a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Creek?
20% Down Payment
$45,340
on $226,698
Monthly P&I
$1,182/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,501/mo
incl. taxes & insurance
Income Needed
$60,040
gross annual (30% rule)
10% Down Option
$22,670
+ PMI applies
Loan Amount (20% dn)
$181,358
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 New Creek, WV?
The median home value in New Creek is $226,698 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.7% year-over-year.
How much have home prices changed in New Creek?
Over the past year, home values in New Creek have increased by 0.7%. Over five years, prices have risen approximately 14.4%.
How much do I need to earn to buy a home in New Creek?
To comfortably afford the median home price of $226,698 with a 20% down payment ($45,340) at today's rates (6.8%), you'd need a gross annual income of approximately $60,040. This assumes keeping total housing costs at or below 30% of gross income.
How does New Creek compare to the national average home price?
The national median home value is approximately $410,000. At $226,698, homes in New Creek are 45% below the national average.
What metro area is New Creek part of?
New Creek is part of the Cumberland, MD-WV metropolitan area. Home prices and market conditions can vary across the broader metro region.