Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 3,426 people, 1,103 houses or apartments, and a median cost of homes of $270,865, Inwood real estate is some of the most expensive in West Virginia, although Inwood home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Inwood, accounting for 77.70% of the town's housing units. Other types of housing that are prevalent in Inwood include row houses and other attached homes ( 10.24%), mobile homes or trailers ( 7.52%), and a few large apartment complexes or high rise apartments ( 4.53%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Inwood. Owner-occupied housing accounts for 79.51% of Inwood's homes, and 88.30% have either three or four bedrooms, which is average sized relative to America.
Inwood homes and real estate are some of the newest in America. 55.58% of Inwood's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Inwood real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 31.91%), and before 1939 ( 7.89%). There's also some housing in Inwood built between 1940-1969 ( 4.62%).
Real estate appreciation rates in Inwood's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.43% during the period.
Over the last year, Inwood appreciation rates have trailed the rest of the nation. In the last twelve months, Inwood's appreciation rate has been 4.37%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Inwood were at 1.12%, which equates to an annual appreciation rate of 4.56%.
Relative to West Virginia, our data show that Inwood's latest annual appreciation rate is lower than 80% of the other cities and towns in West Virginia.
$270,865
for West virginia
for nation
1,103
$2,098 / per month