Market Overview
Home Prices in Newell, WV
The median home value in Newell, WV is $86,278 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 13.9% compared to a year ago and down 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Newell are priced79% below average. Newell is part of the Weirton-Steubenville, WV-OH metro area.
Over the past five years, Newell home values have fallen by approximately1.5%, reflecting softening conditions in this market.
Price History
Newell Home Price Trend
City Comparison
Newell vs. National Median
At $86,278, homes in Newell cost 79% below the national median of $410,000. This makes Newell a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Newell?
20% Down Payment
$17,256
on $86,278
Monthly P&I
$450/mo
30-yr @ 6.8%
Total Monthly Est.
~$572/mo
incl. taxes & insurance
Income Needed
$22,880
gross annual (30% rule)
10% Down Option
$8,628
+ PMI applies
Loan Amount (20% dn)
$69,022
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 Newell, WV?
The median home value in Newell is $86,278 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 13.9% year-over-year.
How much have home prices changed in Newell?
Over the past year, home values in Newell have increased by 13.9%. Over five years, prices have fallen approximately 1.5%.
How much do I need to earn to buy a home in Newell?
To comfortably afford the median home price of $86,278 with a 20% down payment ($17,256) at today's rates (6.8%), you'd need a gross annual income of approximately $22,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Newell compare to the national average home price?
The national median home value is approximately $410,000. At $86,278, homes in Newell are 79% below the national average.
What metro area is Newell part of?
Newell is part of the Weirton-Steubenville, WV-OH metropolitan area. Home prices and market conditions can vary across the broader metro region.