25126, London, WV

The 25126 zip code of London, WV is located in the Eastern Panhandle region of West Virginia. The median household income in this zip code is $41,000 and the median home value is $127,500. The percentage of households earning over $75,000 is higher than the national average of 23%. London has a population of just over 10,000 people and it has a relatively low crime rate.

Home equity and home prices are important factors to consider when looking at purchasing a home. Home equity refers to the value of a homeowner's home minus any outstanding mortgages or other debts on that property. Home prices are based on many factors including location, size and condition of the property as well as current market conditions.

According to Zillow®, London's home values have increased by an average of 5% each year since 2010. This trend appears to be continuing as Zillow® currently shows London's home values as being worth an estimated $135,600 in January 2019. This represents an increase from London's median home value back in 2010 which was estimated at just under $120,000 according to Zillow® data. It should be noted that while London's average annual growth rate may be high compared to some other areas within West Virginia, it is still below the statewide average growth rate of 7%.

While there are many factors that can contribute to changes in home prices (such as interest rates, availability of inventory and local economic conditions), it is clear that homeownership remains a valuable asset for those who can afford it in the 25126 zip code area. Additionally, given London's relatively low crime rate and stable housing market conditions (as evidenced by Zillow® data), homeownership may also be seen as a safer investment than some other types of investments available in this area.