26438, Spelter, WV

The 26438 zip code of Spelter, WV has a median home value of $119,000. The home equity in this zip code is $41,000. The average home price in the 26438 zip code has increased by 5.5% over the past year. Over the past five years, the 26438 zip code's home prices have increased by 16%.

There are a number of factors that contribute to the increase in home prices in this zip code. One reason is that there is a high demand for homes in this area due to its proximity to both major cities and rural areas. Additionally, many people who live in this zip code are able to afford homes because they have good jobs or their income is relatively high.

Despite these positive factors, there are also some challenges facing buyers and sellers in the 26438 zip code. One issue is that interest rates are currently low, which makes it difficult for people to borrow money to purchase a home. Another challenge is that there are not as many homes available for sale as there used to be, which means that it can take longer for buyers to find a suitable property and negotiate a deal with sellers.