Photo: Youngamerican · CC BY-SA 3.0Measured against area pay, Ceredo costs less to live in than 95% of U.S. towns
Up 0.9% in a year, 9% below the West Virginia typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Huntington-Ashland, WV-KY-OH metro area ($60K). How TownRatings grades cost of living
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
The grade compares costs with what households across the Huntington metro earn ($60K, Census 2020–24). The typical home costs 2.1 years of metro income, and 64% of renters pay 30% or more of income for housing.
In dollars
- $161Ktypical home, 9% below the West Virginia typical homeZillow, September 2026
- $980a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 88prices across the Huntington metro, where the U.S. is 100 (housing 51)BEA Regional Price Parities, 2024
In paychecks the grade
- 2.1 yrsof area income buys the typical home; the typical U.S. town: 3.3$60K, Huntington-area income
- 15%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 19%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out about housing in Ceredo
What’s behind Ceredo’s grade
Measured against what households in the area earn, Ceredo is more affordable than 95% of U.S. towns. Rent pulls the grade down most; property tax holds it up.
Values have lagged West Virginia: the typical Ceredo home is up 12.6% in five years, against 23.3% statewide (Zillow).
Up 12.6% in five years
Slower than West Virginia (23.3%).
Show as a table
| January | Ceredo | West Virginia |
|---|---|---|
| 2020 | $123,000 | $120,000 |
| 2021 | $137,000 | $135,000 |
| 2022 | $145,000 | $146,000 |
| 2023 | $150,000 | $156,000 |
| 2024 | $148,000 | $161,000 |
| 2025 | $162,000 | $172,000 |
| 2026 | $166,000 | $173,000 |
| September 2026 | $161,000 | $177,000 |
A typical Ceredo home worth $119K in February 2019 is worth about $161K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A typical home costs 2.1 years of area income
The calculator starts from the area income the grade uses. Switch to Ceredo’s own median, or type yours.
That covers a typical Ceredo home, with $90K to spare.
A two-bedroom rents for about $980 a month here, $80 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Ceredo’s typical property tax (0.41% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $980
Renters already here pay a median of $765, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Huntington-Ashland, WV-KY-OH HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
1 new home permitted in 2025
Builders were permitted 1 new home in Ceredo in 2025. That's 0.7 per 1,000 residents, slower than across West Virginia (2.9). Over the past 10 years, Ceredo has permitted 2 homes in all.
Between the 2010 and 2020 censuses, Ceredo's population fell by 42 even though 3 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $288,000 |
| 2024 | 1 | 1 | 0 | $288,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 3 | 3 | 0 | $37,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Ceredo's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Property tax runs below the West Virginia norm
The median bill is $517 (West Virginia: $865), 0.41% of a home’s value a year, against 0.53% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Ceredo
Only figures published free for the whole country, each labeled with the area it covers: the Huntington-Ashland, WV-KY-OH metro area, or West Virginia. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 88 | WV 89 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 96 | WV 97 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 88 | WV 92 | metro | BEA, 2024 |
| Other services U.S. = 100 | 99 | WV 100 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Ceredo vs. its neighbors
Of the 4 towns here with a Zillow value, Ceredo has the 4th-lowest. Fayette Township and Burlington have no Zillow value, so they are in the table only.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Ceredo | A | $161K | $127K | 0.41% | $980 |
| Kenova | A+ | $134K | $109K | 0.60% | $970 |
| Fayette Township | A− | — | $152K | 0.94% | $970 |
| Burlington | A− | — | $128K | 1.06% | $970 |
| Huntington | B | $144K | $127K | 0.71% | $1,000 |
| South Point | B | $159K | $184K | 0.93% | $970 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.
Questions about the cost of living in Ceredo
Is Ceredo expensive to live in?
Measured against what households in the area earn, Ceredo costs less than 95% of U.S. towns: an A for cost of living. The typical home costs 2.1 years of the median household income of the Huntington-Ashland, WV-KY-OH metro area ($60K).
How much does a house cost in Ceredo?
About $161K, Zillow’s typical value for September 2026, up 0.9% in a year. The West Virginia typical home is $177K.
What salary do you need to live in Ceredo?
To buy the typical home with 20% down at 6.3%, about $39,000 a year, keeping the payment (about $900 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $39,000.
How much is rent in Ceredo?
HUD puts a two-bedroom at about $980 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $765 (Census 2020–24).
What are property taxes in Ceredo?
The median bill is $517 a year, 0.41% of the median home value (West Virginia: $865, 0.53%), from the Census 2020–24.
Are home prices in Ceredo going up?
Barely: up 0.9% in the past year and 12.6% in five years, against 23.3% across West Virginia (Zillow).
Neighbors talk housing
What Ceredo buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.