The housing market in Kingwood, WV is very strong. The median value of a home is $139,300 according to the most recent data available, significantly lower than the U.S. median of $338,100. However, Kingwood has seen an impressive 19.23% appreciation rate in the past year compared to the national average of 8.27%. This makes Kingwood a great option for those looking for an affordable home with potential for strong appreciation in a relatively short amount of time.
The median home cost in Kingwood is $139,300. Home appreciation the last 10 years has been 50.2%. Home Appreciation in Kingwood is up 12.4%.
Average Age of Homes
- The median age of Kingwood real estate is 46 years old
The Rental Market in Kingwood
- Renters make up 29.3% of the Kingwood population
- 3.9% of houses and apartments in Kingwood, 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.