Is Parkersburg, WV a good place to invest in rental property?

Parkersburg, WV has a median modeled monthly cash flow of $-178 and a median cap rate of 5.0%, on a median sold price of $159,500. Prices changed +2.7% year over year.

What is the average cap rate in Parkersburg, WV?

The median cap rate across recently sold homes in Parkersburg, WV is 5.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Parkersburg, WV?

The median sold price in Parkersburg, WV is $159,500 (about $113 per square foot).

Investing in Parkersburg, WV Real Estate

A data-driven snapshot of the Parkersburg, WV rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$159,500Median sold price

$113Median $/sqft

5.0%Median cap rate

$-178Modeled cash flow / mo

+2.7%Appreciation YoY

6.6Months of supply

220Active listings

399Sold (last 12 mo)

What the Parkersburg numbers say

In Parkersburg, WV, the median home sold for $159,500 (about $113 per square foot), and the typical deal models out to a 5.0% cap rate with a median $-178 of monthly cash flow. Sold prices moved +2.7% over the past year. Inventory sits at about 6.6 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other West Virginia markets to compare

See Parkersburg cash-flowing listings

CashFlowRE ranks every for-sale home in Parkersburg, WV by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Parkersburg deals, or browse the national market data.