Summersville, WV is an affordable housing market with a median value of $164,600. This is significantly lower than the national median value which stands at $338,100. Home appreciation in Summersville has outpaced the national average in the last year, reaching 9.82%, compared to only 8.27% nationally. This makes Summersville an attractive option for home buyers on a budget looking for an area that offers strong appreciation potential as well.
The median home cost in Summersville is $164,600. Home appreciation the last 10 years has been 44.6%. Home Appreciation in Summersville is up 12.1%.
Average Age of Homes
- The median age of Summersville real estate is 40 years old
The Rental Market in Summersville
- Renters make up 30.3% of the Summersville population
- 2.8% of houses and apartments in Summersville, 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.