Parkersburg, WV is a great place to invest in housing. The median value of housing in Parkersburg is $133,400, which is significantly lower than the US median value of $338,100. Additionally, the 1 year house appreciation rate in Parkersburg is 15.71%, which is higher than the US average of 8.27%. This shows that investing in housing in Parkersburg is a good decision as the property values are likely to increase over time. Thus, those looking for a good investment opportunity should consider investing in housing in Parkersburg.
The median home cost in Parkersburg is $133,400. Home appreciation the last 10 years has been 51.3%. Home Appreciation in Parkersburg is up 9.1%.
Average Age of Homes
- The median age of Parkersburg real estate is 62 years old
The Rental Market in Parkersburg
- Renters make up 33.8% of the Parkersburg population
- 2.8% of houses and apartments in Parkersburg, 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.