The housing market in Durbin, WV is doing remarkably well. The median value of a house in the area is $109,000, which is significantly lower than the US median of $338,100. However, over the past year houses have appreciated by 9.82%, a higher percentage than the national rate of 8.27%. This indicates that more and more people are finding Durbin an attractive place to buy homes and settle down in.
The median home cost in Durbin is $109,000. Home appreciation the last 10 years has been 44.6%. Home Appreciation in Durbin is up 12.1%.
Average Age of Homes
- The median age of Durbin real estate is 67 years old
The Rental Market in Durbin
- Renters make up 12.6% of the Durbin population
- 1.5% of houses and apartments in Durbin, 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.