McDowell, WV County has seen phenomenal growth in housing values over the past year. The median value of a home is currently $58,070, which is significantly lower than the national median value of $338,100. Despite the wide disparity in values, McDowell has seen a 19.23% appreciation rate for homes over the last year, which is more than double the 8.27% appreciation rate nationally. This indicates that McDowell is an area with a great potential for investment and homeownership in the future.
The median home cost in McDowell County is $58,070. Home appreciation the last 10 years has been 44.6%. Home Appreciation in McDowell County is up 12.1%.
Average Age of Homes
- The median age of McDowell County real estate is 57 years old
The Rental Market in McDowell County
- Renters make up 16.5% of the McDowell County population
- 1.0% of houses and apartments in McDowell County, 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.