The housing market in Boomer, WV is quite impressive - the median value of homes is $81,500, which is much lower than the US House Median Value of $338,100. Despite this, house appreciation over the past year has been 8.38%, higher than the US 1 year House Appreciation of 8.27%. This speaks to the strength of the Boomer housing market which continues to show resilience and growth despite its comparatively low median value.
The median home cost in Boomer is $81,500. Home appreciation the last 10 years has been 35.2%. Home Appreciation in Boomer is up 9.5%.
Average Age of Homes
- The median age of Boomer real estate is 74 years old
The Rental Market in Boomer
- Renters make up 24.4% of the Boomer population
- 7.4% of houses and apartments in Boomer, 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.