The housing market in Pea Ridge, WV is thriving. The median value of a house in this region is currently $189,500, which is significantly lower than the US median value of $338,100. This makes it an attractive option for those looking to invest in the area. Additionally, the appreciation rate of houses over the past year has been 10.05%, which is higher than the US average of 8.27%. This indicates that the housing market in Pea Ridge is growing faster than other parts of the country and could be a lucrative investment opportunity for those looking to purchase a home here.
The median home cost in Pea Ridge is $189,500. Home appreciation the last 10 years has been 38.9%. Home Appreciation in Pea Ridge is up 11.0%.
Average Age of Homes
- The median age of Pea Ridge real estate is 44 years old
The Rental Market in Pea Ridge
- Renters make up 33.7% of the Pea Ridge population
- 1.6% of houses and apartments in Pea Ridge, 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.