Martinsburg, WV Home Values & Market Trends

Real estate market trends reflect that there have been 937 transactions over the past year in Martinsburg. The median value for residential home transactions that occurred over the previous year is $267,129.88. The number of current listings in Martinsburg is 131, and the percentage of properties for sale in the city is 131.00%. Martinsburg, WV currently has 9 properties in foreclosure, 1 bank owned properties, 8 properties headed for auction, and 131 properties for sale.

Martinsburg, WV Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
25404

$ 266,427

$ 162/sqft

25405

$ 292,058

$ 142/sqft

25403

$ 375,000

$ 157/sqft

25401

$ 240,034

$ 145/sqft

Housing Market Summary for Martinsburg, WV

Apr 2023March 2024Change
Median Listing Price$257.9K$264.9K2.73%
Median Sold Price$251.2K$264.9K5.47%
Homes For Sale139121-12.95%
Homes Sold392355-9.44%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Martinsburg, WV

Martinsburg home values range from $21,489 to $2,203,740. The median estimated value of a home in Martinsburg is $267,129.88. The median list price of a home is 253,000, and the total count of properties in the city is 23,631.

Foreclosure
There are 4 zips within Martinsburg, WV; within these zips, the median estimated home value for homes in foreclosure ranges from $417,534 in 25401 to the lowest value of $198,194 in 25401. Foreclosure homes account for 0.00% of properties in Martinsburg, WV with 25403 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Martinsburg, WV with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Martinsburg, WV; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Martinsburg, WV ranges from the highest value of $223,709 in 25401 to the lowest value of $223,709 in 25401. Bank owned homes and properties account for 0.00% of properties in Martinsburg, WV. There are 4 zips within Martinsburg, WV; 25401 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    25403 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Martinsburg, WV. Auction homes and other auction properties account for 0.03% of all properties in Martinsburg, WV. There are 4 zips within Martinsburg, WV; of those zips, the median estimated home value for homes going to auction ranges from $417,534 in 25403 to the lowest value of $198,194 in 25403.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.55% of residential properties in Martinsburg, WV with 25404 containing 47 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Martinsburg, WV; homes for sale in those zips, have a range of median values from $699,551 in 25403 to the lowest value of $87,728 in 25404.
    Sold Homes
    The median value for recently sold homes ranges from $942,139 in 25403 to the lowest price of $35,007 in 25403. There are 4 zips within Martinsburg, WV. 25404 has 102 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.47% of properties in Martinsburg, WV.

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      Guide for Martinsburg, WV

      Home Buying Guides & Tips
      West Virginia Foreclosure Laws
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      See More Articles
      West Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      West Virginia Foreclosure Laws

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Recently Listed Homes Martinsburg, WV

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