Market Overview
Home Prices in Old Fields, WV
The median home value in Old Fields, WV is $248,118 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.6% compared to a year ago and down 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Old Fields are priced39% below average. Old Fields is part of the Winchester, VA-WV metro area.
Over the past five years, Old Fields home values have risen by approximately22.5%, reflecting strong long-term appreciation in this market.
Price History
Old Fields Home Price Trend
City Comparison
Old Fields vs. National Median
At $248,118, homes in Old Fields cost 39% below the national median of $410,000. This makes Old Fields a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Old Fields?
20% Down Payment
$49,624
on $248,118
Monthly P&I
$1,294/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,643/mo
incl. taxes & insurance
Income Needed
$65,720
gross annual (30% rule)
10% Down Option
$24,812
+ PMI applies
Loan Amount (20% dn)
$198,494
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 Old Fields, WV?
The median home value in Old Fields is $248,118 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.6% year-over-year.
How much have home prices changed in Old Fields?
Over the past year, home values in Old Fields have decreased by 1.6%. Over five years, prices have risen approximately 22.5%.
How much do I need to earn to buy a home in Old Fields?
To comfortably afford the median home price of $248,118 with a 20% down payment ($49,624) at today's rates (6.8%), you'd need a gross annual income of approximately $65,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Old Fields compare to the national average home price?
The national median home value is approximately $410,000. At $248,118, homes in Old Fields are 39% below the national average.
What metro area is Old Fields part of?
Old Fields is part of the Winchester, VA-WV metropolitan area. Home prices and market conditions can vary across the broader metro region.