26763, Springfield, WV

The 26763 zip code of Springfield, WV has a median home value of $119,000. This is lower than the national median home value of $177,500. The Springfield area has seen a decrease in home values over the past few years. In 2015, the median home value was $128,000 and in 2016 it was $122,000. However, in 2017 the median home value increased to $123,000.

There are several factors that could be contributing to this decrease in home values in Springfield. One reason may be that there are fewer homes available for sale in this zip code compared to other areas of the country. Additionally, many homeowners who have equity in their homes may choose to use that equity rather than sell their homes which could lead to a decrease in home values. Finally, there is always the possibility that future economic conditions could cause prices to decline even further.