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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Charles Town, WV Housing Affordability Index

Charles Town, West Virginia has an MBR Housing Affordability Index score of 100.4 (Near National Average) as of October 30, 2026, ranking 250th most affordable of 257 scored West Virginia cities, compared with 145.2 statewide and 97.4 nationally. On a median-priced $377,700 home with 20% down, the West Virginia average 30-year fixed rate of 7.19% means a monthly principal and interest payment of about $2,049, or 28% of the city’s $89,263 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Charles Town is updated every night from live West Virginia mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Charles Town MBR-HAI 100.4 Near National Average
Rank in West Virginia 250 of 257 1 = most affordable
West Virginia 145.2 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.19% West Virginia lenders
Median home value $377,700 U.S. Census Bureau

Charles Town is 44.8 points below the West Virginia score. Scores as of October 30, 2026. See the West Virginia index

View Charles Town Mortgage Rates

What It Takes to Buy in Charles Town

$2,049/mo
Principal & Interest
Median home, 20% down, 7.19%
$87,800
Income Needed
To keep the payment at 28% of income
$89,263
Median Household Income
West Virginia: $59,608
4.2x
Price-to-Income Ratio
West Virginia: 2.7x
$1,826/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,271/yr
Median Property Tax
0.60% of median value
25.3%
Owner Cost Burden
Owners spending 30%+ of income on housing
27.9%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Charles Town, West Virginia. The rate is the West Virginia average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Charles Town Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Charles Town, West Virginia score: 100.4 (Near National Average), ranked 250 of 257 West Virginia cities. monitorbankrates.com/housing-affordability-index/west-virginia/charles-town”