The housing market in Thomas, WV is flourishing. The median value of all homes in the area is $111,200, which is significantly lower than the national median value of $338,100. In addition, the 1 year house appreciation in Thomas is 9.82%, which is higher than the national average of 8.27%. This indicates that the housing market in Thomas has been steadily increasing in value over the past year and is likely to continue doing so in the future. With its affordable prices and strong appreciation rate, Thomas makes for an ideal place to live for those looking to invest in real estate.
The median home cost in Thomas is $111,200. Home appreciation the last 10 years has been 44.6%. Home Appreciation in Thomas is up 12.1%.
Average Age of Homes
- The median age of Thomas real estate is 61 years old
The Rental Market in Thomas
- Renters make up 21.2% of the Thomas population
- 1.0% of houses and apartments in Thomas, 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.