The housing market in Ronceverte, West Virginia is currently thriving. The median value of a house in the area is $125,000, which is significantly lower than the national median value of $338,100. Despite this, the one-year appreciation rate for homes in Ronceverte is 9.82%, which is higher than the national rate of 8.27%. This indicates that the housing market in Ronceverte is on an upswing and could be a great investment opportunity for potential buyers.
The median home cost in Ronceverte (zip 24970) is $125,000. Home appreciation the last 10 years has been 44.6%. Home Appreciation in Ronceverte (zip 24970) is up 12.1%.
Average Age of Homes
- The median age of Ronceverte (zip 24970) real estate is 50 years old
The Rental Market in Ronceverte (zip 24970)
- Renters make up 26.9% of the Ronceverte (zip 24970) population
- 2.4% of houses and apartments in Ronceverte (zip 24970), 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.