Zip Code:

25159, Poca, WV

25159 is a West Virginia Zip code within the city of Poca and the county of Putnam County. Its population is roughly 5,634.

The Real Estate Market in the 25159 Zip Code of Poca, West Virginia

When people think of West Virginia, they likely think of coal country. But the state also has a large agricultural sector, and one of the most important products that comes from this land is coal.

The 25159 zip code in Poca is home to a number of mines and coal-fired power plants. This means that the area has been hit hard by the recent downturn in the coal industry. In fact, according to The Huffington Post, "the unemployment rate in Poca County is currently at 16 percent."

This high unemployment rate has led to a decline in home prices in the 25159 zip code. As of February 2016, Zillow reported that median home prices had fallen by almost 20 percent since their peak in 2013. And while there are still some homes for sale in this zip code, they are typically selling for much less than what they were worth just a few years ago.

So why have home prices fallen so much in the 25159 zip code? There are several factors at play here. First, there is simply less demand for homes here now than there was when things were booming for the coal industry. Second, many people who used to own homes here have lost them as a result of the downturn in the economy. And finally, many homeowners who did not lose their homes have decided to sell them because they can no longer afford to keep them (given their low incomes).

All things considered, it seems safe to say that home values will continue to decline in this area over time – especially if things do not improve soon for those who live hereabouts.

Price Index: Huntington-Ashland, WV-KY-OH

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