Is Hancock County, WV good for real estate investing?

Hancock County has an investment score of 77/100, rated as "Strong Buy". The county ranks #22 nationally among 1000 counties analyzed.

What is the median home price in Hancock?

The median home price in Hancock County is $135,593. This ranks #50 in affordability among all US counties.

Can you cash flow on rental properties in Hancock?

Based on median values with 20% down at current rates, a typical rental in Hancock County would generate positive cash flow of $0/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Hancock County

West VirginiaPopulation: 28,907

/100

Strong Buy

#22 of 1,000 counties

#2 in West Virginia (55 counties)

Market Snapshot

$135,593

Median Home Price

50% below national median

$8,115/mo

Est. Rent

Based on regional data

5.98%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score

77/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

85/100

Based on 4.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

95/100

Price-to-income ratio of 2.4x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Affordable relative to local incomes

Challenges

-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-Limited rent data (estimates used)

Economic Indicators

Population

28,907

Median Income

$57,515

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

2.4x

Very affordable

Compare to Nearby Counties

County					Verdict
MarshallWV	78	$130,702	Est. pending	—	Strong Buy	View
CurrentHancockWV	77	$135,593	Est. pending	—	Strong Buy
PrestonWV	77	$136,780	Est. pending	—	Strong Buy	View
UpshurWV	77	$154,173	Est. pending	—	Strong Buy	View
OhioWV	74	$154,458	$971	7.55%	Buy	View
KanawhaWV	73	$149,776	$1,081	8.66%	Buy	View

The Bottom Line

Strong BuyHancock is a strong buy market with excellent fundamentals for buy-and-hold investors.

Hancock County in West Virginia scores 77/100, ranking #22 of 1,000 US counties (top 2%).

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash