Cities with the fastest growing home prices in Parkersburg metro area

Written by:
August 23, 2022
FOTOGRIN // Shutterstock

Cities with the fastest growing home prices in Parkersburg metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not 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 Parkersburg-Vienna, WV metro area using data from Zillow. Cities are ranked by 1-year price change as of July 2022. The typical home value in the United States increased over the last year by +19.8% to $354,165. All 5 cities and towns with data available were included in the list.

You may also like: Cities with the most expensive homes in Parkersburg metro area

1 / 5
Stacker

#5. Elizabeth, WV

- 1-year price change: +$9,540 (+12.3%)
- 5-year price change: +$21,706 (+33.3%)
- Typical home value: $86,803 (#5 most expensive city in metro)
2 / 5
Stacker

#4. Palestine, WV

- 1-year price change: +$14,247 (+19.4%)
- 5-year price change: +$32,777 (+59.8%)
- Typical home value: $87,570 (#4 most expensive city in metro)
3 / 5
Stacker

#3. Waverly, WV

- 1-year price change: +$21,355 (+15.3%)
- 5-year price change: +$55,685 (+52.9%)
- Typical home value: $160,944 (#2 most expensive city in metro)
4 / 5
Stacker

#2. Walker, WV

- 1-year price change: +$22,864 (+20.6%)
- 5-year price change: +$47,908 (+55.6%)
- Typical home value: $134,121 (#3 most expensive city in metro)
5 / 5
Stacker

#1. Williamstown, WV

- 1-year price change: +$25,449 (+14.5%)
- 5-year price change: +$65,402 (+48.3%)
- Typical home value: $200,764 (#1 most expensive city in metro)

You may also like: Most expensive homes for sale in Parkersburg

Trending Now