Nitro, WV has an impressive housing market with a median value of $123,600. This is significantly lower than the US house median value of $338,100 and is likely to be attractive to prospective buyers in the area. The 1 year appreciation rate for houses in Nitro is 8.38%, which is slightly higher than the national rate of 8.27%. This indicates that it is a healthy market and that investments into real estate are likely to appreciate over time. With its affordable prices and high rates of appreciation, Nitro, WV appears to be a great place to invest in housing.
The median home cost in Nitro (zip 25143) is $123,600. Home appreciation the last 10 years has been 35.2%. Home Appreciation in Nitro (zip 25143) is up 9.5%.
Average Age of Homes
- The median age of Nitro (zip 25143) real estate is 53 years old
The Rental Market in Nitro (zip 25143)
- Renters make up 26.5% of the Nitro (zip 25143) population
- 3.3% of houses and apartments in Nitro (zip 25143), 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.