The housing in 26720 Gormania, WV is quite affordable compared to the national median. The median value of a house in 26720 Gormania, WV is $75,400 which is significantly lower than the US median value of $338,100. In addition to being more affordable, the appreciation rate of housing in this area is also higher than the national average. The 1 year appreciation rate for houses in 26720 Gormania, WV is 17.95%, much higher than the US 1 year house appreciation rate of 8.27%. This makes it an excellent place to buy a home for those interested in making an investment or looking for a long-term residence.
The median home cost in Gormania (zip 26720) is $75,400. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Gormania (zip 26720) is up 11.6%.
Average Age of Homes
- The median age of Gormania (zip 26720) real estate is 46 years old
The Rental Market in Gormania (zip 26720)
- Renters make up 9.8% of the Gormania (zip 26720) population
- 0.0% of houses and apartments in Gormania (zip 26720), 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.