The housing market in McMechen, WV is relatively affordable and has seen an appreciation of 9.48% over the past year. The median value of a house in McMechen is $77,900, which is much lower than the US median value of $338,100. This makes McMechen an attractive option for buyers looking to purchase property at a more reasonable price. Furthermore, with the growth in home values, investing in real estate in this city can be a great option for those who are looking to diversify their portfolio or make money long-term.
The median home cost in McMechen is $77,900. Home appreciation the last 10 years has been 56.9%. Home Appreciation in McMechen is up 8.1%.
Average Age of Homes
- The median age of McMechen real estate is 73 years old
The Rental Market in McMechen
- Renters make up 23.1% of the McMechen population
- 1.7% of houses and apartments in McMechen, 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.