The housing market in Moorefield, WV is quite strong. The median value of a home in the area is $159,400 which is much lower than the national median value of $338,100. Moreover, the 1-year appreciation rate for homes in Moorefield, WV is 9.82%, which is higher than the national average of 8.27%. Clearly, investing in property in Moorefield is a wise decision and this trend looks likely to continue into the future.
The median home cost in Moorefield is $159,400. Home appreciation the last 10 years has been 44.6%. Home Appreciation in Moorefield is up 12.1%.
Average Age of Homes
- The median age of Moorefield real estate is 49 years old
The Rental Market in Moorefield
- Renters make up 37.3% of the Moorefield population
- 0.0% of houses and apartments in Moorefield, 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.