The housing in Terra Alta, WV is a good investment. The median value of the houses in Terra Alta, WV is $146,200 which is much lower than the US median value of $338,100. In addition to being more affordable than the national average, the market in Terra Alta has seen a higher appreciation rate than many other places in the country; over the past year it increased by 17.95%, compared to an 8.27% increase nationwide. Investing in real estate here could be a great choice for those looking for a bargain and good returns on their investments.
The median home cost in Terra Alta is $146,200. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Terra Alta is up 11.6%.
Average Age of Homes
- The median age of Terra Alta real estate is 51 years old
The Rental Market in Terra Alta
- Renters make up 30.6% of the Terra Alta population
- 1.9% of houses and apartments in Terra Alta, 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.