Market Overview
Home Prices in Rachel, WV
The median home value in Rachel, WV is $116,914 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.7% compared to a year ago and down 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rachel are priced71% below average. Rachel is part of the Fairmont, WV metro area.
Over the past five years, Rachel home values have risen by approximately4.3%, reflecting modest growth in this market.
Price History
Rachel Home Price Trend
2020
$91,426
$91K
—
2021
$112,098
$112K
+22.6%
2022
$122,512
$123K
+9.3%
2023
$121,087
$121K
-1.2%
2024
$124,365
$124K
+2.7%
2025
$122,739
$123K
-1.3%
2026
$116,914
$117K
-4.7%
City Comparison
Rachel vs. National Median
🏠 Rachel
$116,914
National Median
$410,000
At $116,914, homes in Rachel cost 71% below the national median of $410,000. This makes Rachel a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rachel?
20% Down Payment
$23,383
on $116,914
Monthly P&I
$610/mo
30-yr @ 6.8%
Total Monthly Est.
~$775/mo
incl. taxes & insurance
Income Needed
$31,000
gross annual (30% rule)
10% Down Option
$11,691
+ PMI applies
Loan Amount (20% dn)
$93,531
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 Rachel, WV?
The median home value in Rachel is $116,914 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.7% year-over-year.
How much have home prices changed in Rachel?
Over the past year, home values in Rachel have decreased by 4.7%. Over five years, prices have risen approximately 4.3%.
How much do I need to earn to buy a home in Rachel?
To comfortably afford the median home price of $116,914 with a 20% down payment ($23,383) at today's rates (6.8%), you'd need a gross annual income of approximately $31,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Rachel compare to the national average home price?
The national median home value is approximately $410,000. At $116,914, homes in Rachel are 71% below the national average.
What metro area is Rachel part of?
Rachel is part of the Fairmont, WV metropolitan area. Home prices and market conditions can vary across the broader metro region.