The housing market in Elk Garden, WV is significantly different from the US House Median Value. The median value for homes in Elk Garden is $98,600, while the US House Median Value is much higher at $338,100. In addition, the one-year house appreciation rate in Elk Garden is a whopping 17.95%, which vastly surpasses the 8.27% appreciation rate across the US. This suggests that home values in Elk Garden are rapidly increasing and have immense potential for growth.
The median home cost in Elk Garden is $98,600. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Elk Garden is up 11.6%.
Average Age of Homes
- The median age of Elk Garden real estate is 45 years old
The Rental Market in Elk Garden
- Renters make up 48.9% of the Elk Garden population
- 0.0% of houses and apartments in Elk Garden, 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.