The housing market in New Martinsville, WV (26155) is doing quite well compared to the national average. The median value for a house in this zip code is $119,300, which is significantly lower than the US median of $338,100. Despite this lower price point, the one year appreciation rate for houses in New Martinsville is 15.71%, more than double the US average of 8.27%. This indicates that housing prices are rising rapidly in New Martinsville and buyers are likely to see a strong return on investment if they purchase a home in this area.
The median home cost in New Martinsville (zip 26155) is $119,300. Home appreciation the last 10 years has been 51.3%. Home Appreciation in New Martinsville (zip 26155) is up 9.1%.
Average Age of Homes
- The median age of New Martinsville (zip 26155) real estate is 47 years old
The Rental Market in New Martinsville (zip 26155)
- Renters make up 17.8% of the New Martinsville (zip 26155) population
- 1.2% of houses and apartments in New Martinsville (zip 26155), 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.