The housing market in 26763 Springfield, WV looks to be very promising. The median value of homes in the area is $192,100, which is significantly lower than the US House Median Value of $338,100. This makes it a great opportunity for first-time homebuyers looking to purchase a home that won't break the bank. Additionally, over the past year house appreciation has been 17.95%, which is significantly higher than the national average of 8.27%. This means that homeowners in this area are seeing their investment increase rapidly and could see even more growth in the future.
The median home cost in Springfield (zip 26763) is $192,100. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Springfield (zip 26763) is up 11.6%.
Average Age of Homes
- The median age of Springfield (zip 26763) real estate is 41 years old
The Rental Market in Springfield (zip 26763)
- Renters make up 39.7% of the Springfield (zip 26763) population
- 1.6% of houses and apartments in Springfield (zip 26763), 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.