The housing market in Pratt, WV is quite affordable compared to the US median. The median value for a house in Pratt is $122,300, significantly less than the US median value of $338,100. This affordability can be seen in the appreciation rate as well; over the last year, house values in Pratt appreciated 8.38%, just slightly higher than the US rate of 8.27%. This means that home buyers and investors are still interested in this area despite its lower house values. Overall, Pratt offers an attractive option for potential home buyers or investors looking for affordable housing.
The median home cost in Pratt is $122,300. Home appreciation the last 10 years has been 35.2%. Home Appreciation in Pratt is up 9.5%.
Average Age of Homes
- The median age of Pratt real estate is 62 years old
The Rental Market in Pratt
- Renters make up 23.2% of the Pratt population
- 5.7% of houses and apartments in Pratt, 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.