The housing market in Red Jacket, WV is thriving. The median value of homes in Red Jacket is $91,300, which is much lower than the US House Median Value at $338,100. Despite this difference, the one-year house appreciation rate in Red Jacket is 9.82%, which is higher than the US average of 8.27%. This indicates that there is a good growth potential for housing prices in Red Jacket and that it remains an attractive option for home buyers looking for a good investment.
The median home cost in Red Jacket is $91,300. Home appreciation the last 10 years has been 44.6%. Home Appreciation in Red Jacket is up 12.1%.
Average Age of Homes
- The median age of Red Jacket real estate is 25 years old
The Rental Market in Red Jacket
- Renters make up 21.3% of the Red Jacket population
- 0.0% of houses and apartments in Red Jacket, 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.