Location: Grant County, WV | Metro: Grant County, WV
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,290 |
| 5 Bedrooms | $1,496 |
| 6 Bedrooms | $1,676 |
| 7 Bedrooms | $1,810 |
| 8 Bedrooms | $1,901 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $940 | $167,633 | 0.56% | F |
| 3BR | $1,210 | $216,841 | 0.56% | F |
U.S. Census Bureau data (2024)
In Maysville, West Virginia (ZIP 26833), the real estate market presents a unique set of conditions that will shape pricing power over the next 12-24 months. The median home value stands at $191,037, which is a key figure to consider when evaluating the local housing landscape.
The fact that the percentage of listings that have been reduced and the median days on market (DOM) are not available suggests a stable market where homes are selling at their listed prices without significant reductions. This stability implies that there is little downward pressure on prices, allowing landlords and small-portfolio investors to maintain their current pricing strategies or potentially increase them if demand remains steady or grows.
On the rental side, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is projected to be $870. Without specific market rent data for ZIP 26833, it's reasonable to assume that the rental market is closely aligned with the FMR. If current rents are below this level, there could be upward pressure on rental rates as they align with the FMR, benefiting landlords who can adjust their rental prices accordingly.
For long-term investors, the appreciation thesis in Maysville appears limited based on the available data. The median home value has remained relatively constant, indicating a lack of rapid growth in property values. This suggests that while holding properties in Maysville may provide consistent rental income, capital appreciation is unlikely to be a significant driver of returns over the next couple of years.
The setup implied by the data is one of a balanced market with moderate potential for rental rate increases but limited prospects for substantial home value appreciation. Landlords and investors should focus on maintaining or slightly increasing their rental rates to keep pace with the FMR, while being cautious about overpricing their properties for sale given the current market conditions.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.