Fairmont, WV home prices
Typical home $167,386 · +2.3% in a year · income needed $45,700
The Fairmont, WV metro area ranks 767 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.3% in a year and +18.2% over five years. With 20% down at 7.11%, the typical home costs about $1,066 a month including 0.59% property tax (Marion County rate).
Mortgage on the typical Fairmont home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $33,477 | $133,908 | $901 | $0 | $166 | $1,066 | $45,700 |
| 10% down | $16,739 | $150,647 | $1,013 | $63 | $166 | $1,242 | $53,200 |
| 5% down | $8,369 | $159,016 | $1,070 | $66 | $166 | $1,301 | $55,800 |
| 3.5% down (FHA) | $5,858 | $164,354 | $1,106 | $74 | $166 | $1,345 | $57,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.59% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Fairmont area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Marion County, WV | $167,401 | +2.3% | 0.59% |
What can you afford in West Virginia on your salary? · West Virginia home prices · Salaries in West Virginia
Frequently asked questions
How much is a house in Fairmont?
The typical home in the Fairmont, WV metro area is worth $167,386 (Zillow, September 2026).
What salary do you need to buy a house in Fairmont?
About $45,700 a year for the typical home with 20% down at 7.11%.