Total monthly cost of ownership
Cost to Own a Home in Kenova, West Virginia
A $99,000 home here costs
$914per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $509. The real number is $405 higher every month — 80% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Kenova against Wayne County and West Virginia
| Measure | Kenova | Wayne County |
|---|---|---|
| Median home value | $98,700 | $124,900 |
| Median property tax | $611 | $589 |
| Effective tax rate | 0.619% | 0.472% |
| Median gross rent | $780 | $883 |
| Population | 2,977 | 38,498 |
The weather behind that power bill
Kenova sits in Wayne County, which averages a high of 86.4°F in its hottest month and a low of 26.4°F in its coldest, with 45.1" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,234 cooling and 4,321 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Wayne County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wayne County
Full Wayne County cost breakdown · Every county in West Virginia
Common questions
How much does it cost to own a home in Kenova?
A $99,000 home in Kenova, West Virginia costs approximately $914 per month with 20% down at 6.66%. That is $509 principal and interest, $51 property tax, $52 homeowners insurance, $219 utilities and $83 set aside for maintenance.
What is the property tax rate in Kenova?
Kenova has an effective property tax rate of 0.619%, based on a median home value of $98,700 and median real estate taxes of $611. That is higher than the Wayne County average of 0.472%.
What is the average home price in Kenova?
The median owner-occupied home value in Kenova, West Virginia is $98,700, against $124,900 across Wayne County.
Is it cheaper to rent or buy in Kenova?
Median gross rent in Kenova is $780 a month, against $914 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Kenova — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for West Virginia.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.