26241, Elkins, WV

The 26241 zip code of Elkins, WV has a median home value of $113,000. This is lower than the national median home value of $177,500. The 26241 zip code also has a lower than average home equity percentage of 56%. This means that the majority of homes in this zip code are not fully paid off.

Despite these low home values and home equity percentages, there is still a high demand for homes in the 26241 zip code. The average list price for homes in this zip code is $139,000 which is above the national average list price of $127,500.

One reason why there is such high demand for homes in the 26241 zip code may be because it has a low unemployment rate. The unemployment rate in the 26241 zip code is only 4%. This means that there are many people who are looking for jobs but cannot find them.

Another reason why there is high demand for homes in the 26241 zip code may be because it has a low foreclosure rate. The foreclosure rate in this zipcode is only 2%. This means that most homeowners in this area have not had to go through foreclosure proceedings yet.