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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Hurricane, WV Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Hurricane, WV Housing Market Trends

With a population of 6,846, 2,773 total housing units (homes and apartments), and a median house value of $221,003, house prices in Hurricane are solidly below the national average.

Single-family detached homes are the single most common housing type in Hurricane, accounting for 76.54% of the city's housing units. Other types of housing that are prevalent in Hurricane include large apartment complexes or high rise apartments ( 13.78%), mobile homes or trailers ( 4.66%), and a few row houses and other attached homes ( 3.63%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hurricane. Owner-occupied housing accounts for 67.55% of Hurricane's homes, and 62.04% have either three or four bedrooms, which is average sized relative to America.

Hurricane homes and real estate are some of the newest in America. 32.77% of Hurricane's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Hurricane real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 28.84%), and between 1940-1969 ( 26.63%). There's also some housing in Hurricane built before 1939 ( 11.76%).

Hurricane Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Hurricane, where house values have increased just 45.61%, which is annualized rate of 3.83%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Hurricane appreciation rates have trailed the rest of the nation. In the last twelve months, Hurricane's appreciation rate has been 3.21%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hurricane were at 1.24%, which equates to an annual appreciation rate of 5.05%.

Relative to West Virginia, our data show that Hurricane's latest annual appreciation rate is lower than 80% of the other cities and towns in West Virginia.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Hurricane differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Hurricane - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Hurricane real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$221,003

Hurricane, WV Home Prices
> $1,270,000
$953,001 - $1,270,000
$635,001 - $953,000
$508,001 - $635,000
$381,001 - $508,000
$254,001 - $381,000
$127,001 - $254,000
$63,001 - $127,000
$0 - $63,000
0.4%
0.4%
0.1%
0.1%
3.1%
3.1%
4.6%
4.6%
12.6%
12.6%
27.0%
27.0%
42.3%
42.3%
2.3%
2.3%
7.7%
7.7%
0% 100.0%
% of Homes
High

for West virginia

Low

for nation

Number of Homes And Apartments:

2,773

Hurricane Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,382 / per month

Homeownership Rate

Owners
Renters
67.6%
67.6%
32.4%
32.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.4%
8.4%
91.6%
91.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
32.8%
32.8%
28.8%
28.8%
26.6%
26.6%
11.8%
11.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
76.5%
76.5%
3.6%
3.6%
1.4%
1.4%
13.8%
13.8%
4.7%
4.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.2%
0.2%
2.3%
2.3%
30.8%
30.8%
44.4%
44.4%
17.6%
17.6%
4.6%
4.6%
0% 100.0%
% of Homes