Mortgage payment estimates, closing cost breakdowns, and homebuying data for Shepherdstown, West Virginia.
Pre-filled with Shepherdstown median home price and West Virginia tax/insurance rates. Adjust for your property.
Estimated closing costs based on West Virginia rates and fees applied to Shepherdstown prices.
The median home price in Shepherdstown is $275,000, 77% above the West Virginia state median of $155,000. With a population of 1,852, Shepherdstown is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in West Virginia average 0.58% annually. This low property tax rate is a significant advantage for Shepherdstown buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in West Virginia runs approximately $1,400 per year. This is within the normal range nationally.
Average rent in Shepherdstown is $1,080/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Shepherdstown presents moderate affordability. The $275K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.