Martinsburg, WV

Population: 17,487
Average annual home appreciation rate: -0.07%
Total of homes for sale in this market: 67
Median home price: $146,585
Median Rent: $645 per room
Home price range: 39.64% of homes are between $92,001 – $184,000
Median sales price: NO DATA
Number of homes: 367
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 56.71% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 13.78%
Number of renters: 47.77%
Number of owner occupied: 52.23%
Number people living below poverty level: 23.82%
Unemployment rate: 5.70%
Is this area perfect for real estate deals going on right now? When one looks at the success of real estate investors overall, you will find that many of them have found their success when investing in properties in areas such as Martinsburg when the economy is down, and then benefiting from the recovery when it begins to move up, and the appreciation rates climb with the economic bounce back.

Morgantown, WV

Population: 30,666
Average annual home appreciation rate: 1.60%
Total of homes for sale in this market: 546
Median home price: $175,554
Median Rent: $685 per room
Home price range: 45.55% of homes are between $105,001 – $209,000
Median sales price: $164,700
Number of homes: 20
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 44.83% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 20.12%
Number of renters: 68.81%
Number of owner occupied: 31.19%
Number people living below poverty level: 36.97%
Unemployment rate: 5.90%
Is this area perfect for real estate deals going on right now? Data shows that Morgantown’s housing market shows one of the top real estate appreciation rates in the U.S.A. in the latest quarter, which may signal the city’s near-future real estate investment strength.

Wheeling, WV

Population: 28,009
Average annual home appreciation rate: 3.97%
Total of homes for sale in this market: 145
Median home price: $103,385
Median Rent: $589 per room
Home price range: 33.69% of homes are between $56,001 – $112,000
Median sales price: NO DATA
Number of homes: 15
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 62.76% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 13.69%
Number of renters: 39.07%
Number of owner occupied: 60.93%
Number people living below poverty level: 18.71%
Unemployment rate: 6.60%
Is this area perfect for real estate deals going on right now? Markets such as Wheeling can spell opportunity for the savvy cash investor. Based on the fact that down markets can produce properties owned by motivated sellers who are much more willing to negotiate the prices of their properties, when cash is the means of the purchase.

Morgantown, WV

Population: 30,294
Average annual home appreciation rate: -9.91%
Total of homes for sale in this market:
Median home price: $168,489
Median Rent: $557 per room
Home price range: 46.00% of homes are between $98,001 – $196,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 44.56%
Number of vacant homes: 19.86%
Number of renters: 58.62%
Number of owner occupied: 41.38%
Number people living below poverty level: 36.65%
Unemployment rate: 2.90%
Is this area perfect for real estate deals going on right now? Morgantown’s appreciation rate in the latest quarter is one of the lowest in America. When one looks at the success of real estate investors overall, you will find that many of them have found their success when investing in properties in areas such as Morgantown when the economy is down, and then benefiting from the recovery when it begins to move up, and the appreciation rates climb with the economic bounce back.