Home Values

New Martinsville 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 price of homes currently listed in New Martinsville is $119,000 while the median price of homes that sold is $75,000.

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 New Martinsville is 1.3%, 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 New Martinsville homeowners underwater on their mortgage is 13.3%, which is higher than Wetzel County at 12.7%.

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Relative ZHVI
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New Martinsville Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $119,000 Median listing price
  • No recent data Median sale price
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New Martinsville Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 13.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 1.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Moundsville $72,200
 
 

Listings & Sales

Data through Aug 31, 2014
  • $58 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 28.9% Listings with price cut
12.5%
Sold below listing
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New Martinsville Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $973 New Martinsville
    $1,328 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
  • No data Rent list price
  • No data Rent list price / sq ft
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