Home prices
The cost of the median home in Martinsburg is $157,200. It is approximately $35,160 (18%) lower compared to other places in this area.In comparison to the entire country it is approximately $60,300 (27%) lower, and in comparison to the city of Washington it is about $444,300 (73%) lower.
Rents
The median rent in Martinsburg is $948 a month. Compared to other places in this area this is approximately $155 (14%) lower.It is approximately $114 (10%) lower in comparison to the nation as a whole, and it is approximately $593 (38%) lower compared to the city of Washington.
Nearby places
Hedgesville
Hedgesville is approximately 6 miles north of Martinsburg. Its housing prices are a little less expensive. Hedgesville's median home value is $125,000, which comes out to $32,200 (25%) lower than Martinsburg. Rents there are a bit more expensive. Hedgesville's median rent is $1,188 per month, which is $240 (20%) higher than Martinsburg.
Inwood
Inwood is approximately 7 miles southwest from Martinsburg. Its housing prices are somewhat more expensive. The median home value in Inwood is $168,400, which comes out to $11,200 (6%) higher than Martinsburg. Its rents are substantially more expensive. Inwood's median rent is $1,438 per month, which comes out to $490 (34%) higher than Martinsburg.
Shepherdstown
Shepherdstown is about 8 miles east of Martinsburg. The housing prices there are a lot more expensive. Shepherdstown's median home price is $303,600, which comes out to $146,400 (48%) higher than Martinsburg. Rent there is similar. In Shepherdstown the median monthly rent is $916, which comes out to $32 (3%) lower than Martinsburg.
Ranson
Ranson is about 10 miles southeast of Martinsburg. Real estate prices there are a bit more expensive. The median home in Ranson costs $183,500, which works out to $26,300 (14%) higher than Martinsburg. Its rents are a little more expensive. In Ranson the median rent is $1,203 per month, which works out to $255 (21%) higher than Martinsburg.
Sharpsburg
Sharpsburg is about 10 miles east from Martinsburg. Real estate prices there are somewhat more expensive. The median home in Sharpsburg is valued at $181,300, which comes out to $24,100 (13%) higher than Martinsburg. Rent there is somewhat less expensive. In Sharpsburg the median rent is $769 a month, which works out to $179 (23%) lower than Martinsburg.
