Market Overview
Home Prices in Shepherdstown, WV
The median home value in Shepherdstown, WV is $491,906 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.8% compared to a year ago and up 4.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Shepherdstown are priced20% above average. Shepherdstown is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area.
Over the past five years, Shepherdstown home values have risen by approximately31.7%, reflecting strong long-term appreciation in this market.
Price History
Shepherdstown Home Price Trend
City Comparison
Shepherdstown vs. National Median
At $491,906, homes in Shepherdstown cost 20% above the national median of $410,000. Buyers in Shepherdstown should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Shepherdstown?
20% Down Payment
$98,381
on $491,906
Monthly P&I
$2,565/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,258/mo
incl. taxes & insurance
Income Needed
$130,320
gross annual (30% rule)
10% Down Option
$49,191
+ PMI applies
Loan Amount (20% dn)
$393,525
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 Shepherdstown, WV?
The median home value in Shepherdstown is $491,906 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.8% year-over-year.
How much have home prices changed in Shepherdstown?
Over the past year, home values in Shepherdstown have increased by 3.8%. Over five years, prices have risen approximately 31.7%.
How much do I need to earn to buy a home in Shepherdstown?
To comfortably afford the median home price of $491,906 with a 20% down payment ($98,381) at today's rates (6.8%), you'd need a gross annual income of approximately $130,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Shepherdstown compare to the national average home price?
The national median home value is approximately $410,000. At $491,906, homes in Shepherdstown are 20% above the national average.
What metro area is Shepherdstown part of?
Shepherdstown is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area. Home prices and market conditions can vary across the broader metro region.