Mount Hope, WV has a median housing value of $102,000 which is significantly lower than the US median value of $338,100. However, while the US housing appreciation rate over the past year has been 8.27%, Mount Hope’s appreciation rate has been relatively stronger at 3.38%. This indicates that Mount Hope is an up and coming area where prices may be expected to increase in the near future. As such, now may be a great time for potential buyers to take advantage of the current relatively low prices before they start climbing.
The median home cost in Mount Hope (zip 25880) is $102,000. Home appreciation the last 10 years has been 31.8%. Home Appreciation in Mount Hope (zip 25880) is up 8.7%.
Average Age of Homes
- The median age of Mount Hope (zip 25880) real estate is 43 years old
The Rental Market in Mount Hope (zip 25880)
- Renters make up 28.6% of the Mount Hope (zip 25880) population
- 1.8% of houses and apartments in Mount Hope (zip 25880), 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.