Market Overview
Home Prices in Philippi, WV
The median home value in Philippi, WV is $136,519 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.6% compared to a year ago and down 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Philippi are priced67% below average.
Over the past five years, Philippi home values have risen by approximately4.6%, reflecting modest growth in this market.
Price History
Philippi Home Price Trend
2020
$113,184
$113K
—
2021
$130,487
$130K
+15.3%
2022
$135,703
$136K
+4.0%
2023
$136,202
$136K
+0.4%
2024
$144,688
$145K
+6.2%
2025
$140,225
$140K
-3.1%
2026
$136,519
$137K
-2.6%
City Comparison
Philippi vs. National Median
🏠 Philippi
$136,519
National Median
$410,000
At $136,519, homes in Philippi cost 67% below the national median of $410,000. This makes Philippi a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Philippi?
20% Down Payment
$27,304
on $136,519
Monthly P&I
$712/mo
30-yr @ 6.8%
Total Monthly Est.
~$904/mo
incl. taxes & insurance
Income Needed
$36,160
gross annual (30% rule)
10% Down Option
$13,652
+ PMI applies
Loan Amount (20% dn)
$109,215
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 Philippi, WV?
The median home value in Philippi is $136,519 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.6% year-over-year.
How much have home prices changed in Philippi?
Over the past year, home values in Philippi have decreased by 2.6%. Over five years, prices have risen approximately 4.6%.
How much do I need to earn to buy a home in Philippi?
To comfortably afford the median home price of $136,519 with a 20% down payment ($27,304) at today's rates (6.8%), you'd need a gross annual income of approximately $36,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Philippi compare to the national average home price?
The national median home value is approximately $410,000. At $136,519, homes in Philippi are 67% below the national average.