In Martinsburg, West Virginia (25401), the median housing value is $199,500. This number is significantly less than the U.S. national average of $338,100. Although the one year house appreciation rate for the nation as a whole is 8.27%, it is slightly lower in Martinsburg at 5.89%. Despite this lower rate, the housing market may still be attractive to potential buyers looking for a good deal in an area with great amenities. Martinsburg is close to many recreational activities such as hiking and camping, not to mention its large selection of shops and restaurants located in downtown Martinsburg.
The median home cost in Martinsburg (zip 25401) is $199,500. Home appreciation the last 10 years has been 87.1%. Home Appreciation in Martinsburg (zip 25401) is up 15.9%.
Average Age of Homes
- The median age of Martinsburg (zip 25401) real estate is 53 years old
The Rental Market in Martinsburg (zip 25401)
- Renters make up 42.8% of the Martinsburg (zip 25401) population
- 1.3% of houses and apartments in Martinsburg (zip 25401), 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.