The housing market in 26241 Elkins, WV is thriving. The median value for homes in the area is $142,900, which is significantly lower than the national median house value of $338,100. This indicates that there may be a lot of affordable options in this region. The nation's one year house appreciation rate is 8.27%, while Elkins has seen an even higher increase of 9.82%. This suggests that the housing market in Elkins is growing quickly and could be a great place to invest for those looking to purchase or rent.
The median home cost in Elkins (zip 26241) is $142,900. Home appreciation the last 10 years has been 44.6%. Home Appreciation in Elkins (zip 26241) is up 12.1%.
Average Age of Homes
- The median age of Elkins (zip 26241) real estate is 47 years old
The Rental Market in Elkins (zip 26241)
- Renters make up 29.5% of the Elkins (zip 26241) population
- 2.8% of houses and apartments in Elkins (zip 26241), 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.