The housing market in Scarbro, WV is a good place to invest. The median value of a house is $101,400 which is far below the US median value of $338,100. While the appreciation rate for houses in the US as a whole over the last year was 8.27%, Scarbro saw a much lower appreciation rate of 3.38%. This means that people who want to invest in real estate are able to buy low and potentially see significant returns on their investments while also not having to worry about overpriced homes.
The median home cost in Scarbro (zip 25917) is $101,400. Home appreciation the last 10 years has been 31.8%. Home Appreciation in Scarbro (zip 25917) is up 8.7%.
Average Age of Homes
- The median age of Scarbro (zip 25917) real estate is 53 years old
The Rental Market in Scarbro (zip 25917)
- Renters make up 10.4% of the Scarbro (zip 25917) population
- 3.3% of houses and apartments in Scarbro (zip 25917), 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.