The housing market in 25901 Oak Hill, WV is significantly lower than the national median value of $338,100. The average median value for housing in this area is only $110,400, and houses appreciate at a much slower rate of 3.38%, compared to the US's 8.27% appreciation rate. While prices may be lower overall, this can present an opportunity for potential buyers looking to get into the market without breaking the bank. The low cost of living in this area can be enticing for those who don't have unlimited resources and still want to own a home.
The median home cost in Oak Hill (zip 25901) is $110,400. Home appreciation the last 10 years has been 31.8%. Home Appreciation in Oak Hill (zip 25901) is up 8.7%.
Average Age of Homes
- The median age of Oak Hill (zip 25901) real estate is 45 years old
The Rental Market in Oak Hill (zip 25901)
- Renters make up 22.3% of the Oak Hill (zip 25901) population
- 3.4% of houses and apartments in Oak Hill (zip 25901), 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.