Zip 26031 (Benwood, WV) Housing

The housing market in 26031 Benwood, WV is relatively affordable compared to the national average. The median value of homes in 26031 Benwood is approximately $73,700 whereas the US house median value is $338,100. Furthermore, the one-year appreciation rate for houses in 26031 Benwood is 9.48%, significantly higher than the national rate of 8.27%. This indicates that there is a great potential for investment opportunities in this area as values are expected to continue rising over time.

The median home cost in Benwood (zip 26031) is $73,700. Home appreciation the last 10 years has been 56.9%. Home Appreciation in Benwood (zip 26031) is up 8.1%.

Average Age of Homes

- The median age of Benwood (zip 26031) real estate is 66 years old

The Rental Market in Benwood (zip 26031)

- Renters make up 31.1% of the Benwood (zip 26031) population
- 0.3% of houses and apartments in Benwood (zip 26031), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Benwood, West Virginia	United States
	864.0	139,647,020.0
	74	42
	$73,700	$338,100
	8.1%	16.6%
	30.5%	57.0%
	56.9%	101.1%
	$4.52	$10.98
	$347	$2,690
	58.3%	57.4%
	15.9%	11.2%
	25.8%	31.4%
Vacant Housing
	0.3%	1.9%
	0.7%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	14.8%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	11.9%	2.4%
	16.1%	2.8%
	22.6%	3.9%
	28.6%	4.5%
	12.9%	11.3%
	0.4%	13.0%
	4.4%	20.1%
	1.2%	13.6%
	0.0%	8.3%
	0.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.8%	13.6%
	0.8%	13.6%
	4.5%	13.6%
	2.9%	13.2%
	14.6%	14.8%
	4.5%	13.6%
	10.6%	10.0%
	21.6%	4.7%
	35.5%	12.2%

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