25276, Spencer, WV

The Spencer, WV 25276 zip code has a median home value of $109,900 and a median home equity of $101,000. This is lower than the national median home value of $177,500 and median home equity of $106,200. The Spencer zip code also has a lower than average percentage of homeowners with mortgages at 66%. This is higher than the national mortgage rate of 63%.

There are several factors that may contribute to the lower home values in the Spencer zip code. One reason may be that this area is not as affluent as other parts of West Virginia. Another reason could be that there are fewer homes for sale in this area. Finally, it's possible that some homeowners have taken out mortgages on their homes that are worth less than their actual property value.