The housing market in Ranson, WV (25438) is not as strong as the overall US housing market. The median value of a house in Ranson is $264,400 which is significantly less than the US median house value of $338,100. This difference can be seen year over year too – while the US has seen a 8.27% increase in house values over the last year, Ranson only saw a 5.89% appreciation. Despite this discrepancy between the two markets, Ranson’s housing market is still doing well and could offer a great opportunity to potential buyers looking for an affordable option.
The median home cost in Ranson (zip 25438) is $264,400. Home appreciation the last 10 years has been 87.1%. Home Appreciation in Ranson (zip 25438) is up 15.9%.
Average Age of Homes
- The median age of Ranson (zip 25438) real estate is 31 years old
The Rental Market in Ranson (zip 25438)
- Renters make up 32.3% of the Ranson (zip 25438) population
- 1.2% of houses and apartments in Ranson (zip 25438), 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.