Market Overview
Home Prices in Welch, WV
The median home value in Welch, WV is $55,556 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 14.8% compared to a year ago and down 15.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Welch are priced86% below average.
Over the past five years, Welch home values have fallen by approximately38.5%, reflecting softening conditions in this market.
Price History
Welch Home Price Trend
2020
$67,782
$68K
—
2021
$90,357
$90K
+33.3%
2022
$91,775
$92K
+1.6%
2023
$74,483
$74K
-18.8%
2024
$76,980
$77K
+3.4%
2025
$65,228
$65K
-15.3%
2026
$55,556
$56K
-14.8%
City Comparison
Welch vs. National Median
🏠 Welch
$55,556
National Median
$410,000
At $55,556, homes in Welch cost 86% below the national median of $410,000. This makes Welch a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Welch?
20% Down Payment
$11,111
on $55,556
Monthly P&I
$290/mo
30-yr @ 6.8%
Total Monthly Est.
~$368/mo
incl. taxes & insurance
Income Needed
$14,720
gross annual (30% rule)
10% Down Option
$5,556
+ PMI applies
Loan Amount (20% dn)
$44,445
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 Welch, WV?
The median home value in Welch is $55,556 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 14.8% year-over-year.
How much have home prices changed in Welch?
Over the past year, home values in Welch have decreased by 14.8%. Over five years, prices have fallen approximately 38.5%.
How much do I need to earn to buy a home in Welch?
To comfortably afford the median home price of $55,556 with a 20% down payment ($11,111) at today's rates (6.8%), you'd need a gross annual income of approximately $14,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Welch compare to the national average home price?
The national median home value is approximately $410,000. At $55,556, homes in Welch are 86% below the national average.