The housing in Newell, WV is much more affordable than the US House median value, with a median value of $60,700. This is significantly lower than the US House median of $338,100. Despite this difference, the house appreciation rate in Newell is higher than the national average at 9.48%, compared to 8.27% nationally. This indicates that Newell's housing market has been performing better than expected and could make it a good investment for those looking for an area with more affordable housing prices.
The median home cost in Newell is $60,700. Home appreciation the last 10 years has been 56.9%. Home Appreciation in Newell is up 8.1%.
Average Age of Homes
- The median age of Newell real estate is 66 years old
The Rental Market in Newell
- Renters make up 22.6% of the Newell population
- 0.0% of houses and apartments in Newell, 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.