Total monthly cost of ownership
Cost to Own a Home in Point Pleasant, West Virginia
A $114,000 home here costs
$1,023per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $586. The real number is $437 higher every month — 75% 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.
Point Pleasant against Mason County and West Virginia
| Measure | Point Pleasant | Mason County |
|---|---|---|
| Median home value | $113,900 | $127,400 |
| Median property tax | $754 | $682 |
| Effective tax rate | 0.662% | 0.535% |
| Median gross rent | $631 | $654 |
| Population | 4,009 | 25,214 |
The weather behind that power bill
Point Pleasant sits in Mason County, which averages a high of 84.8°F in its hottest month and a low of 19.3°F in its coldest, with 46.17" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 812 cooling and 5,404 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Mason County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mason County
Full Mason County cost breakdown · Every county in West Virginia
Common questions
How much does it cost to own a home in Point Pleasant?
A $114,000 home in Point Pleasant, West Virginia costs approximately $1,023 per month with 20% down at 6.66%. That is $586 principal and interest, $63 property tax, $60 homeowners insurance, $219 utilities and $95 set aside for maintenance.
What is the property tax rate in Point Pleasant?
Point Pleasant has an effective property tax rate of 0.662%, based on a median home value of $113,900 and median real estate taxes of $754. That is higher than the Mason County average of 0.535%.
What is the average home price in Point Pleasant?
The median owner-occupied home value in Point Pleasant, West Virginia is $113,900, against $127,400 across Mason County.
Is it cheaper to rent or buy in Point Pleasant?
Median gross rent in Point Pleasant is $631 a month, against $1,023 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 Point Pleasant — 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.