Home Values

Martinsburg Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Martinsburg is $97, which is lower than the Hagerstown Metro average of $107. The median price of homes currently listed in Martinsburg is $169,900 while the median price of homes that sold is $217,530. The median rent price in Martinsburg is $1,065, which is higher than the Hagerstown Metro median of $995.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Martinsburg is 5.2%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Martinsburg homeowners underwater on their mortgage is 27.8%.

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Relative ZHVI
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Martinsburg Market Overview

Data through Sep 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $169,900 Median listing price
  • No recent data Median sale price
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Martinsburg Market Health

Data through Sep 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 27.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.2% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Shepherdstown $279,400
Saint James $232,700
Clear Spring $198,200
Name Median ZHVI
Kearneysville $194,800
Sharpsburg $183,000
Williamsport $178,800
Name Median ZHVI
Charles Town $165,200
Halfway $150,700
Wilson-Conococheague $139,600

Listings & Sales

Data through Sep 30, 2014
  • $97 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 36.1% Listings with price cut
1.2%
Sold below listing
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Martinsburg Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,155 Martinsburg
    $1,176 Hagerstown Metro
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $1,065 Rent list price
  • $0.74 Rent list price / sq ft
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