The housing market in New Martinsville, WV is thriving, with a median house value of $120,000 that is significantly lower than the US median. The appreciation of home values over the past year has been dramatic at 15.71%, nearly double the national average of 8.27%. This shows that New Martinsville, WV is an attractive option for potential buyers looking to invest in real estate and benefit from strong property appreciation opportunities.
The median home cost in New Martinsville is $120,000. Home appreciation the last 10 years has been 51.3%. Home Appreciation in New Martinsville is up 9.1%.
Average Age of Homes
- The median age of New Martinsville real estate is 53 years old
The Rental Market in New Martinsville
- Renters make up 20.8% of the New Martinsville population
- 1.9% of houses and apartments in New Martinsville, 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.