26638, Shock, WV

The 26638 zip code of Shock, WV has a median home value of $101,000. This is lower than the national median home value of $177,500. The percentage of homes in this zip code that are valued at less than $100,000 is high compared to the national percentage of 25%. The percentage of homes in this zip code that are valued at more than $200,000 is also high compared to the national percentage of 15%.

There are many factors that could contribute to the low home values in the 26638 zip code. One reason may be that there are a large number of homes that were built before 1990. These older homes may not have been well-maintained and may not be in good condition. Another reason could be that there is a lack of available housing stock in this area. There may not be enough new homes being built to meet demand, which would lead to higher prices for existing homes. Finally, it's possible that people who live in this zip code don't have enough money saved up to buy a home outright. They might need to borrow money from a lender or take out a mortgage on their home. If they can't afford these payments, their home might eventually become worth less and they would lose out on its value over time.