Total monthly cost of ownership
Cost to Own a Home in Oceana, West Virginia
A $61,000 home here costs
$636per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $314. The real number is $322 higher every month — 103% 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.
Oceana against Wyoming County and West Virginia
| Measure | Oceana | Wyoming County |
|---|---|---|
| Median home value | $60,800 | $78,400 |
| Median property tax | $240 | $344 |
| Effective tax rate | 0.395% | 0.439% |
| Median gross rent | $932 | $737 |
| Population | 1,421 | 20,948 |
The weather behind that power bill
Oceana sits in Wyoming County, which averages a high of 83.4°F in its hottest month and a low of 24.5°F in its coldest, with 48.54" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 892 cooling and 4,857 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Wyoming County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wyoming County
Full Wyoming County cost breakdown · Every county in West Virginia
Common questions
How much does it cost to own a home in Oceana?
A $61,000 home in Oceana, West Virginia costs approximately $636 per month with 20% down at 6.66%. That is $314 principal and interest, $20 property tax, $32 homeowners insurance, $219 utilities and $51 set aside for maintenance.
What is the property tax rate in Oceana?
Oceana has an effective property tax rate of 0.395%, based on a median home value of $60,800 and median real estate taxes of $240. That is lower than the Wyoming County average of 0.439%.
What is the average home price in Oceana?
The median owner-occupied home value in Oceana, West Virginia is $60,800, against $78,400 across Wyoming County.
Is it cheaper to rent or buy in Oceana?
Median gross rent in Oceana is $932 a month, against $636 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Oceana — 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.