Market Overview
Home Prices in Ravenswood, WV
The median home value in Ravenswood, WV is $187,270 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.6% compared to a year ago and up 4.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ravenswood are priced54% below average. Ravenswood is part of the Charleston, WV metro area.
Over the past five years, Ravenswood home values have risen by approximately28.9%, reflecting strong long-term appreciation in this market.
Price History
Ravenswood Home Price Trend
City Comparison
Ravenswood vs. National Median
At $187,270, homes in Ravenswood cost 54% below the national median of $410,000. This makes Ravenswood a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ravenswood?
20% Down Payment
$37,454
on $187,270
Monthly P&I
$977/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,241/mo
incl. taxes & insurance
Income Needed
$49,640
gross annual (30% rule)
10% Down Option
$18,727
+ PMI applies
Loan Amount (20% dn)
$149,816
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 Ravenswood, WV?
The median home value in Ravenswood is $187,270 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.6% year-over-year.
How much have home prices changed in Ravenswood?
Over the past year, home values in Ravenswood have increased by 4.6%. Over five years, prices have risen approximately 28.9%.
How much do I need to earn to buy a home in Ravenswood?
To comfortably afford the median home price of $187,270 with a 20% down payment ($37,454) at today's rates (6.8%), you'd need a gross annual income of approximately $49,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Ravenswood compare to the national average home price?
The national median home value is approximately $410,000. At $187,270, homes in Ravenswood are 54% below the national average.
What metro area is Ravenswood part of?
Ravenswood is part of the Charleston, WV metropolitan area. Home prices and market conditions can vary across the broader metro region.