The housing market in 26261 Richwood, WV is very strong. The median value of homes in the area is $61,300, significantly lower than the US median value of $338,100. Despite this difference in value, Richwood has seen strong 1 year appreciation at 9.82%, which is higher than the national average of 8.27%. This provides a great opportunity for potential buyers to invest in the area and take advantage of its increasing prices.
The median home cost in Richwood (zip 26261) is $61,300. Home appreciation the last 10 years has been 44.6%. Home Appreciation in Richwood (zip 26261) is up 12.1%.
Average Age of Homes
- The median age of Richwood (zip 26261) real estate is 65 years old
The Rental Market in Richwood (zip 26261)
- Renters make up 15.4% of the Richwood (zip 26261) population
- 1.7% of houses and apartments in Richwood (zip 26261), 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.