West Virginia Convention and Visitors Bureau

West Virginia

Biggest home price increase projected in 2014: Wheeling metro

Forecast 4-year price increase: 9.3 percent
Current median price: $73,874*
Prices to reach trough in: 2011 Q1
Median family income: $45,800
Population: 144,640

The Wheeling area, which is in the northern tip of West Virginia and includes parts of Ohio, will experience the biggest peak-to-trough drop in the state, 7.3 percent, as well as the quickest recovery over the next four years. Wheeling’s unemployment rate was 9.6 percent in June.

Index used to calculate historical home price changes: FHFA
* Source: John Burns Real Estate Consulting, April 2010

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