The housing market in West Milford, WV is quite healthy. The median house value in the area stands at $145,300, significantly lower than the US median of $338,100. However, a year-on-year appreciation rate of 9.82% is greater than the national average of 8.27%. This points to a strong local market and suggests that those looking to invest or purchase property in West Milford would be wise to do so soon before prices rise further.
The median home cost in West Milford is $145,300. Home appreciation the last 10 years has been 44.6%. Home Appreciation in West Milford is up 12.1%.
Average Age of Homes
- The median age of West Milford real estate is 42 years old
The Rental Market in West Milford
- Renters make up 9.1% of the West Milford population
- 1.2% of houses and apartments in West Milford, 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.