26562, Burton, WV

Burton, WV is located in the eastern panhandle of West Virginia. According to the 2010 census, the population of Burton was 2,812. The median household income was $41,929 and the median family income was $50,833. The percentage of families with children under 18 living at home was 54%.

The average sale price for a home in Burton during the first quarter of 2016 was $128,000. The average sale price for a home during the fourth quarter of 2015 was $122,500. The average sale price for a home during the first quarter of 2016 is up from $119,500 during the fourth quarter of 2015.

The percentage change in sales prices between January 1st and March 31st 2016 is -5%. This indicates that there has been an increase in sales prices since January 1st 2016 but that this increase has not been consistent throughout all months within this time period.

Home equity is important because it allows homeowners to borrow money against their homes to pay for things like education or a new car. Home equity can also be used as collateral when borrowing money to purchase another home or invest in other ventures.

According to Zillow’s 2017 National Housing Survey (NHS), homeownership rates have remained relatively stable over recent years at around 68% nationwide but have decreased by about 2% since 2007 in West Virginia (from 73% to 71%). In contrast, homeowner vacancy rates have increased by about 5% nationwide since 2007 from 4% to 7%. In West Virginia however homeowner vacancy rates have only increased by about 2% from 6% to 7%. This indicates that more people are choosing to rent rather than own their homes which could be due to low interest rates or other reasons such as higher costs associated with owning a home such as property taxes and maintenance fees.

Based on data collected by Realtor Magazine from July 2017 through June 2018 it can be seen that there has been an increase in demand for properties located within zip code 26562 over the past year or so. This could be indicative of an increasing economy where people are starting to feel more confident about investing their money into property rather than stock markets or other risky ventures. Additionally according Zillow’s 2018 National Housing Survey (NHS) released on August 15th 2018; it can be seen that housing values within zip code 26562 are now above their long-term trendline which suggests that prices may continue increasing over time if current trends continue unchanged .