The housing market in Pax, WV (25904) is quite different from the national average. The median house value in Pax, WV is $99,600 compared to the U.S. median house value of $338,100 – that’s a difference of nearly 70%! Over the last year, the national appreciation rate for houses was 8.27%, while the appreciation rate for homes in Pax, WV was only 3.38%. This may indicate that buy real estate in Pax as an investment is not as profitable as other locations across the US. However, for those looking to buy a home in Pax for living purposes, these lower prices may be a great opportunity to invest in real estate at a discount compared to other areas.
The median home cost in Pax (zip 25904) is $99,600. Home appreciation the last 10 years has been 31.8%. Home Appreciation in Pax (zip 25904) is up 8.7%.
Average Age of Homes
- The median age of Pax (zip 25904) real estate is 24 years old
The Rental Market in Pax (zip 25904)
- Renters make up 5.8% of the Pax (zip 25904) population
- 0.5% of houses and apartments in Pax (zip 25904), 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.