Market Overview
Home Prices in Newburg, WV
The median home value in Newburg, WV is $112,183 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.7% compared to a year ago and down 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Newburg are priced73% below average. Newburg is part of the Morgantown, WV metro area.
Over the past five years, Newburg home values have risen by approximately3.6%, reflecting modest growth in this market.
Price History
Newburg Home Price Trend
City Comparison
Newburg vs. National Median
At $112,183, homes in Newburg cost 73% below the national median of $410,000. This makes Newburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Newburg?
20% Down Payment
$22,437
on $112,183
Monthly P&I
$585/mo
30-yr @ 6.8%
Total Monthly Est.
~$743/mo
incl. taxes & insurance
Income Needed
$29,720
gross annual (30% rule)
10% Down Option
$11,218
+ PMI applies
Loan Amount (20% dn)
$89,746
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 Newburg, WV?
The median home value in Newburg is $112,183 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.7% year-over-year.
How much have home prices changed in Newburg?
Over the past year, home values in Newburg have decreased by 2.7%. Over five years, prices have risen approximately 3.6%.
How much do I need to earn to buy a home in Newburg?
To comfortably afford the median home price of $112,183 with a 20% down payment ($22,437) at today's rates (6.8%), you'd need a gross annual income of approximately $29,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Newburg compare to the national average home price?
The national median home value is approximately $410,000. At $112,183, homes in Newburg are 73% below the national average.
What metro area is Newburg part of?
Newburg is part of the Morgantown, WV metropolitan area. Home prices and market conditions can vary across the broader metro region.