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Oceana town, WV

ZIP 24870 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 24870

Median Home Value
$58,600
Median Rent
$549
Affordability Snapshot
$16,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$376/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

8.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 24870 in Oceana town, WV, a household would need roughly $16,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $376. That sits below the local median household income ($44,660), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
72.2%+10% vs US avg
x
Vacancy Rate
18.7%+82% vs US avg
x
Broadband Access
65.3%-25% vs US avg
x
4+ Bedrooms
2.1%-86% vs US avg
x
Built Pre-1939
14.7%+15% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
14.3%-71% vs US avg
x
Mortgage-Free
77.8%+104% vs US avg
x
$58,600
Home Value
$549
Rent
1975
Year Built
2000
Moved In

Residents have lived here since ~2000 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached57.2%
  • 1-unit attached0.0%
  • 2-9 units15.6%
  • 10+ units4.4%
  • Mobile home & other22.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$58,600
Median rent$549
Owner-occupied72.2%
Vacant18.7%
Price-to-income1.3x
Est. income to buy$16,000