The housing market in the Beckley, WV Metro Area is relatively affordable compared to the national average. The median value of a home in Beckley is $117,500, which is significantly lower than the US House Median Value of $338,100. Although the US House Appreciation rate is 8.27%, the appreciation rate for houses in this area seems to be slightly less at 4.93%. If you're looking for an area with more affordable homes than the national average and still have good potential for appreciation, then Beckley could be a great option.
The median home cost in Beckley Metro Area is $117,500. Home appreciation the last 10 years has been 32.2%. Home Appreciation in Beckley Metro Area is up 8.8%.
Average Age of Homes
- The median age of Beckley Metro Area real estate is 44 years old
The Rental Market in Beckley Metro Area
- Renters make up 21.3% of the Beckley Metro Area population
- 2.0% of houses and apartments in Beckley Metro Area, 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.