The housing market in 25011 Bancroft, WV is strong, with the median home value at $125,100. This is far lower than the US median home value of $338,100. The good news for those looking to invest in real estate in this area is that year-over-year house appreciation stands at 8.38%, slightly higher than the national average of 8.27%. With such a healthy appreciation rate and a more accessible entry point for prospective homebuyers compared to other parts of the country, 25011 Bancroft, WV offers an attractive option for those looking to enter the housing market.
The median home cost in Bancroft (zip 25011) is $125,100. Home appreciation the last 10 years has been 35.2%. Home Appreciation in Bancroft (zip 25011) is up 9.5%.
Average Age of Homes
- The median age of Bancroft (zip 25011) real estate is 40 years old
The Rental Market in Bancroft (zip 25011)
- Renters make up 17.5% of the Bancroft (zip 25011) population
- 0.0% of houses and apartments in Bancroft (zip 25011), 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.