The housing market in 25404 Martinsburg, WV is quite strong and has been steadily appreciating over the last year. According to recent data, the median house value in 25404 is $243,300 which is significantly lower than the US median house value of $338,100. Although the appreciation rate in this area is lower than that of the US, at 5.89% compared to 8.27%, it still represents a healthy amount of growth for homeowners seeking to make investments or take out equity loans. Given its relatively affordable cost of living and convenient location near major cities like Baltimore and Washington D.C., 25404 Martinsburg could be a great place to call home.
The median home cost in Martinsburg (zip 25404) is $243,300. Home appreciation the last 10 years has been 87.1%. Home Appreciation in Martinsburg (zip 25404) is up 15.9%.
Average Age of Homes
- The median age of Martinsburg (zip 25404) real estate is 21 years old
The Rental Market in Martinsburg (zip 25404)
- Renters make up 30.1% of the Martinsburg (zip 25404) population
- 1.1% of houses and apartments in Martinsburg (zip 25404), 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.