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REDP: Regional Economic Development Partnership





Regional Economic
Development Partnership
 
1310 Market Street, 3rd Floor
P.O. Box 1029
Wheeling, WV 26003
 
Phone: 304.232.7722
Fax: 304.232.7727
Email: info@redp.org

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RED is a division of Ohio Valley Industrial and Business Development Corporation (OVIBDC). Copyright © 2010 Regional Economic Development Partnership
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Housing- Cost of Living

The Wheeling area’s low cost of living makes housing costs economical. Quality constructed homes are readily available and new housing developments are constantly under construction.

The community’s housing options range from elegant Victorian homes found throughout the city and suburbs to the stately mansions located on National Road. Contemporary developments, resort-type housing near Oglebay, as well as ultra modern condos and secluded country estates, are all part of the area’s unique housing spectrum. In addition, a large number of apartments and part-time/extended-stay housing is also available.

Wheeling Housing Information

Average Sale Price $109,737
Average List Price $116,264
Average Days on Market 118
Ratio of List to Sales Price 94.39%
# Residential Units Sold in 2000 415
Price of 3-4 Bedroom House House $50,000 - $1,195,000
Price of 5 Bedroom House House $100,000 - $480,000
Source: Wheeling Board of Realtors, 2006

Combined Cost of Living Indexes

Metro Area All Items
West Virginia Average 96.7
Detroit 104.1
Chicago 111.9
Denver 100.4
LA (Long Beach) 158.2
NY (Manhattan) 201.2
Phoenix 103.8
San Francisco 170.6
Seattle 116.3
United States 100.0
 
Source: ACCRA Cost of Living Index.