Martinsburg, WV is a great place to invest in housing. The median value of housing in Martinsburg is currently $250,900, which is significantly lower than the US Housing median value of $338,100. Despite this difference, Martinsburg has seen an appreciation rate of 5.89% over the past year, which is still higher than the national average of 8.27%. This makes buying a home in Martinsburg a great investment opportunity for those who want to own property in the area.
The median home cost in Martinsburg is $250,900. Home appreciation the last 10 years has been 87.1%. Home Appreciation in Martinsburg is up 15.9%.
Average Age of Homes
- The median age of Martinsburg real estate is 56 years old
The Rental Market in Martinsburg
- Renters make up 41.8% of the Martinsburg population
- 1.4% of houses and apartments in Martinsburg, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.