Location: Huntington-Ashland, WV | Metro: Huntington-Ashland, WV-KY-OH HUD Metro FMR Area
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 | $860 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,290 | $183,420 | 0.7% | D |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 41121 is characterized by a median home value of $158,902, indicating a relatively affordable market. This figure serves as a critical benchmark for understanding the local housing economy. Despite the specific percentages for listings reductions and days on market (DOM) being unavailable, the median home value suggests that there is a stable base for both homeowners and renters.
On the rental side, the Fair Market Rent (FMR) for ZIP 41121 in fiscal year 2024 is set at $880, which provides insight into the expected rental income for properties in this area. Given the FMR, landlords can anticipate a steady stream of rental revenue, assuming they price their units competitively within the market parameters.
The setup implied by these data points indicates a balanced market where neither buyers nor sellers hold overwhelming pricing power. Landlords and small-portfolio investors should focus on maintaining competitive rents to ensure occupancy rates remain high. With the median home value and FMR in mind, it's crucial to keep an eye on broader economic trends that could impact the local housing market.
For long-term investors, the appreciation thesis in ZIP 41121 is tied to broader regional economic growth and demographic shifts. If the area experiences job creation or population increases, the demand for housing could rise, leading to higher property values. However, without significant economic catalysts, the potential for rapid appreciation is limited. Investors should prepare for modest growth, aligning their expectations with the historical stability indicated by the median home value.
In summary, ZIP 41121 presents a stable environment for real estate investment. The median home value and FMR provide a solid foundation for decision-making, while the absence of data on listing reductions and DOM suggests a market that is neither overheated nor in decline. Long-term investors should consider the realistic potential for appreciation and the importance of competitive pricing in a balanced market.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.