Cities with the fastest growing home prices in Winchester metro area

Written by:
January 19, 2023
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Cities with the fastest growing home prices in Winchester metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Winchester, VA-WV metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 21 cities and towns with data available were included in the list.

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1 / 21
Stacker

#21. Gore, VA

- 1-year price change: +$10,024 (+2.8%)
- 5-year price change: +$116,087 (+45.0%)
- Typical home value: $374,301 (#5 most expensive city in metro)
2 / 21
Stacker

#20. Springfield, WV

- 1-year price change: +$16,104 (+11.1%)
- 5-year price change: +$34,490 (+27.2%)
- Typical home value: $161,108 (#20 most expensive city in metro)
3 / 21
Stacker

#19. Stephens City, VA

- 1-year price change: +$17,509 (+5.1%)
- 5-year price change: +$111,597 (+44.2%)
- Typical home value: $363,957 (#6 most expensive city in metro)
4 / 21
Stacker

#18. Middletown, VA

- 1-year price change: +$18,252 (+4.8%)
- 5-year price change: +$126,786 (+47.0%)
- Typical home value: $396,716 (#3 most expensive city in metro)
5 / 21
Stacker

#17. Green Spring, WV

- 1-year price change: +$19,172 (+13.8%)
- 5-year price change: +$39,234 (+32.9%)
- Typical home value: $158,464 (#21 most expensive city in metro)

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6 / 21
Stacker

#16. Old Fields, WV

- 1-year price change: +$19,396 (+12.4%)
- 5-year price change: +$44,959 (+34.5%)
- Typical home value: $175,375 (#18 most expensive city in metro)
7 / 21
Stacker

#15. Cross Junction, VA

- 1-year price change: +$19,953 (+5.6%)
- 5-year price change: +$122,737 (+48.5%)
- Typical home value: $376,010 (#4 most expensive city in metro)
8 / 21
Stacker

#14. Levels, WV

- 1-year price change: +$20,597 (+14.6%)
- 5-year price change: +$40,682 (+33.5%)
- Typical home value: $162,087 (#19 most expensive city in metro)
9 / 21
Stacker

#13. Wardensville, WV

- 1-year price change: +$20,781 (+13.3%)
- 5-year price change: +$48,421 (+37.6%)
- Typical home value: $177,319 (#14 most expensive city in metro)
10 / 21
Stacker

#12. Winchester, VA

- 1-year price change: +$21,787 (+6.6%)
- 5-year price change: +$109,061 (+45.3%)
- Typical home value: $349,622 (#8 most expensive city in metro)

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11 / 21
Stacker

#11. Clear Brook, VA

- 1-year price change: +$22,271 (+5.4%)
- 5-year price change: +$142,259 (+49.2%)
- Typical home value: $431,648 (#2 most expensive city in metro)
12 / 21
Stacker

#10. Star Tannery, VA

- 1-year price change: +$22,436 (+6.8%)
- 5-year price change: +$113,746 (+48.0%)
- Typical home value: $350,736 (#7 most expensive city in metro)
13 / 21
Stacker

#9. Rio, WV

- 1-year price change: +$22,783 (+14.8%)
- 5-year price change: +$56,452 (+47.0%)
- Typical home value: $176,464 (#15 most expensive city in metro)
14 / 21
Stacker

#8. Paw Paw, WV

- 1-year price change: +$23,167 (+15.1%)
- 5-year price change: +$46,786 (+36.2%)
- Typical home value: $176,131 (#16 most expensive city in metro)
15 / 21
Stacker

#7. Purgitsville, WV

- 1-year price change: +$23,450 (+15.4%)
- 5-year price change: +$51,975 (+41.9%)
- Typical home value: $176,060 (#17 most expensive city in metro)

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16 / 21
Stacker

#6. Slanesville, WV

- 1-year price change: +$24,275 (+12.2%)
- 5-year price change: +$51,295 (+29.9%)
- Typical home value: $222,992 (#12 most expensive city in metro)
17 / 21
Stacker

#5. Augusta, WV

- 1-year price change: +$24,934 (+13.2%)
- 5-year price change: +$55,891 (+35.5%)
- Typical home value: $213,169 (#13 most expensive city in metro)
18 / 21
Stacker

#4. High View, WV

- 1-year price change: +$26,478 (+13.0%)
- 5-year price change: +$55,215 (+31.6%)
- Typical home value: $229,787 (#11 most expensive city in metro)
19 / 21
Stacker

#3. Stephenson, VA

- 1-year price change: +$28,030 (+6.9%)
- 5-year price change: +$131,370 (+43.7%)
- Typical home value: $432,301 (#1 most expensive city in metro)
20 / 21
Stacker

#2. Points, WV

- 1-year price change: +$28,845 (+13.9%)
- 5-year price change: +$68,708 (+40.9%)
- Typical home value: $236,596 (#10 most expensive city in metro)

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21 / 21
Stacker

#1. Bloomery, WV

- 1-year price change: +$33,201 (+15.9%)
- 5-year price change: +$56,010 (+30.1%)
- Typical home value: $241,968 (#9 most expensive city in metro)

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