Ridgeley, WV is a great area to consider for housing investments. The median value of homes in Ridgeley is $179,600 which is significantly lower than the US House Median Value of $338,100. Despite the lower value, the 1 year house appreciation in Ridgeley, WV has been very strong at 17.95%, which is much higher than the 8.27% appreciation rate in other US markets. Investors looking for a good return on their housing investments should definitely consider Ridgeley, WV as an option.
The median home cost in Ridgeley is $179,600. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Ridgeley is up 11.6%.
Average Age of Homes
- The median age of Ridgeley real estate is 76 years old
The Rental Market in Ridgeley
- Renters make up 32.8% of the Ridgeley population
- 4.3% of houses and apartments in Ridgeley, 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.