The housing market in Elkins, WV Metro Area is booming. The median value of a home is $125,000, which is much lower than the US median of $338,100. This makes the area more affordable for those looking for an alternative to more expensive markets. In addition, house appreciation in the metro area has been an impressive 15.71%, significantly higher than the national average of 8.27%. With these factors combined, it's no wonder that Elkins is an increasingly popular option for those looking for a new place to call home.
The median home cost in Elkins Metro Area is $125,000. Home appreciation the last 10 years has been 44.6%. Home Appreciation in Elkins Metro Area is up 12.1%.
Average Age of Homes
- The median age of Elkins Metro Area real estate is 42 years old
The Rental Market in Elkins Metro Area
- Renters make up 19.8% of the Elkins Metro Area population
- 1.8% of houses and apartments in Elkins 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.