The housing market in Rand, WV is much less expensive than the national average. The median value of a home in Rand is $66,100, which is significantly lower than the US median house value of $338,100. Despite this disparity, homes in Rand have still appreciated in value over the past year with an appreciation rate of 4.43%, which is slightly below the US 1 year house appreciation rate of 8.27%. This shows that even though Rand’s housing market may not be as active or expensive as other parts of the country, it still has seen an increase in home values.
The median home cost in Rand is $66,100. Home appreciation the last 10 years has been 30.0%. Home Appreciation in Rand is up 6.7%.
Average Age of Homes
- The median age of Rand real estate is 51 years old
The Rental Market in Rand
- Renters make up 39.4% of the Rand population
- 5.2% of houses and apartments in Rand, 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.