26147, Grantsville, WV

The 26147 zip code of Grantsville, WV is located in the Eastern Panhandle region of West Virginia. The zip code has a population of approximately 2,000 people and an average home value of $136,000. The median household income in the zip code is $50,000.

There has been a significant increase in home values in the 26147 zip code over the past five years. In 2012, the median home value was $105,000. By 2016, the median home value had increased to $136,000. This represents an increase of 66%.

One reason for this increase in home values is that there are relatively few homes for sale in the 26147 zip code. In 2012 there were only 36 homes for sale in the zip code. By 2016 that number had decreased to only 8 homes for sale. This indicates that there are a lot of buyers interested in purchasing homes in this area and that prices are likely to continue increasing over time.

Another factor contributing to increased home values is low interest rates. Since 2012, interest rates have been at historic lows which has made it more affordable for people to borrow money to purchase a home. Low interest rates also make it more attractive for people to invest their money into property instead of saving it up for retirement or other long-term goals.