Martinsburg, WV Real Estate
According to census data in the year 2000 there were 7,423 housing units in Martinsburg.
This represents a 11.3% growth from 6,670 in 1990.
Of those housing units, 7,423 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Martinsburg is about 50.5%.
Martinsburg's vacancy rate, including seasonal lodging, is about 10.1%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in Martinsburg were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 18.90% |
| Two Bedrooms | 29.50% |
| Three Bedrooms | 39.90% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $76,500 |
| Median Price asked for vacant units | $43,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $414 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 6.10% |
| Home Equity Loan | 4.50% |
| Simple Mortgage | 47.60% |
| Debt Free | 41.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
