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Cheat Lake, WV Real Estate

Cheat Lake is a city in Monongalia County, West Virginia with a population of about 10,485. The median home value is near $345,500, and median rent runs around $1,113/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$345,500
Median Rent
$1,113/mo
Population
10,485
Median Income
$111,379
Median Age
41.5
Homeownership
80.2%

Monthly payment on a median Cheat Lake home

Example for a $345,500 home: 20% down, 30-yr at ~6.75%, WV property tax ~0.55%, 0.4% insurance.

Est. monthly (PITI)
$2,066
Principal & interest
$1,793
Property tax / mo
$158
Down payment (20%)
$69,100

Cheat Lake at a glance

  • 22.3% of residents 25+ hold a bachelor's degree or higher.
  • 80.2% of occupied homes are owner-occupied.
  • Median household income is $111,379.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other West Virginia cities

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