26031, Benwood, WV

The 26031 zip code of Benwood, WV is located in the eastern panhandle of West Virginia. According to the 2010 census, the population of this zip code was 2,811. Home prices in this zip code have increased significantly over the past few years, and as of September 2016, the median home price was $158,000. This is a significant increase from $130,000 in 2013 and $105,000 in 2007.

One reason for this increase in home prices is that Benwood is located near several major metropolitan areas (Charleston and Huntington being two examples). These areas are attracting a large number of people who are looking for affordable housing options. Additionally, Benwood has experienced strong job growth over the past few years which has led to an increase in demand for homes.

Despite these positive factors, there are some risks associated with buying a home in Benwood. One risk is that interest rates could rise over time and make it more expensive to borrow money to purchase a home. Another risk is that the market could suddenly decline and make it difficult or even impossible to sell your home at a high price. However, overall it appears that buying a home in Benwood is becoming increasingly popular and there are likely to be plenty of opportunities available over the next few years.