The housing market in Welch, WV is a great opportunity for those looking for an affordable home. The median home value is $70,600 which is much lower than the US median home value of $338,100. Not only is this lower price tag attractive to many potential buyers, but the area has also seen a 9.82% increase in appreciation over the last year compared to the US 1 year House Appreciation of 8.27%. This makes Welch, WV an excellent option for potential buyers who are looking for a good return on their investment.
The median home cost in Welch is $70,600. Home appreciation the last 10 years has been 44.6%. Home Appreciation in Welch is up 12.1%.
Average Age of Homes
- The median age of Welch real estate is 64 years old
The Rental Market in Welch
- Renters make up 22.7% of the Welch population
- 1.2% of houses and apartments in Welch, 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.