25514, Fort Gay, WV

The 25514 zip code of Fort Gay, WV is located in the Eastern Panhandle of West Virginia. The zip code has a population of just over 2,000 people and an average household income of just over $50,000. Home values in the 25514 zip code have increased significantly over the past few years, with home values reaching an all-time high of $269,900 in 2017. This increase in home values has been largely due to strong demand from buyers and limited supply from sellers.

One factor that has contributed to the increase in home values is the low unemployment rate in the 25514 zip code. The unemployment rate was just 2.8% as of May 2018, which is much lower than the national unemployment rate of 3.9%. Additionally, there are a number of jobs available in Fort Gay that are likely to be attractive to potential buyers. These jobs include positions at local businesses such as Walmart and McDonalds as well as government jobs such as those at the Department of Defense or NASA.

Another factor that has contributed to the increase in home values is strong demand from buyers. There are limited opportunities for new housing construction in Fort Gay due to zoning restrictions and environmental concerns related to mining operations nearby. As a result, most homes that come onto the market are quickly snapped up by eager buyers who want to get into this hot market area before it goes even further up in price.