25081, Foster, WV

The 25081 zip code of Foster, WV is located in the Eastern Panhandle of West Virginia. The population of this zip code was 10,527 as of the 2010 census. The median household income in this zip code was $41,902, which is higher than the national median household income of $53,046. The percentage of households that are renters is lower than the national percentage of renters at 36%. The percentage of households that own their homes is higher than the national percentage of homeowners at 66%.

Home equity and home prices in the 25081 zip code have been increasing over the past few years. As of August 2017, the median home value in this zip code was $139,900. This is an increase from $128,500 as measured by Zillow in August 2016. Additionally, home values have increased by an average of 7% annually over the past five years according to Trulia. This indicates that there has been a strong demand for housing in this zip code and that people are willing to pay a higher price for homes here compared to other areas in West Virginia or across the United States.

One reason why home values have increased so much in this zip code is because there are a limited number of homes available for sale and people who want to buy a home here must be willing to pay a high price. There are only 248 homes available for sale as measured by MLS data as of August 2017 which means that demand for housing is high and competition among buyers is fierce. Additionally, many people who live in Foster commute to work outside of town which means they do not have much opportunity to spend time living near their jobs or within walking distance to shops and restaurants which can also contribute to high home prices because these residents cannot easily access affordable housing options if they decide they want one later on down the road.