New Martinsville, WV · Market Data

New Martinsville, West Virginia real estate market data.

Real estate market data for New Martinsville, WV (Wetzel County) — Census median home value $112,600, county listing prices up about 19.0% over the past year.

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New Martinsville, WV is in Wetzel County, West Virginia — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 5,175, with a median household income of $51,226. Census data puts New Martinsville's median home value at $112,600.

At a glance

New Martinsville market snapshot

Population

5,175

Median Household Income

$51,226

Median Home Value (city)

$112,600

Median Gross Rent

$718/mo

Price Trend (YoY)

+19.0%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why New Martinsville

What makes New Martinsville different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts New Martinsville's median home value — across all owner-occupied homes, not just recent sales — at $112,600.

County Price Trend

Wetzel County's FHFA house price index shows a 18.96% annual change in 2025.

Population & Income

New Martinsville has an estimated population of 5,175 and a median household income of $51,226, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

New Martinsville's Census-reported median home value works out to about 2.2x the area's median household income, and median gross rent runs roughly 17% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

New Martinsville FAQ

What are home values like in New Martinsville, WV?

The Census Bureau's American Community Survey puts New Martinsville's median home value at $112,600.

What is the population of New Martinsville, WV?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts New Martinsville's population at approximately 5,175.

What's the median rent in New Martinsville, WV?

The Census ACS estimates median gross rent in New Martinsville at approximately $718 per month.

What is the median household income in New Martinsville, WV?

Census ACS data puts the median household income in New Martinsville at approximately $51,226.

Is the New Martinsville housing market growing?

Wetzel County's FHFA house price index shows a 18.96% annual change in 2025.

Is New Martinsville, WV affordable relative to income?

Census ACS data puts New Martinsville's median home value at about 2.2 times the median household income, with median gross rent equal to roughly 17% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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