Why Live in New Martinsville
New Martinsville is situated in a valley along the banks of the Ohio River, with a population of just over 5,000 people. "Our biggest attraction is the small-town America feel," says Brian Feldmeier, a broker with THA Realty who has lived in the city for 35 years. "I like knowing everybody in town and seeing people help out their neighbors. There's a low level of crime and traffic, but there's still proximity to bigger cities." In recent years, the city has seen a spike in tourism activity, most notably with the successful Back Home Festival, which was named the "Best Festival in West Virginia" three consecutive times by WV Living Magazine. Even so, Feldmeier says that it's not very common to see new people move into town. "Most of my sales are people who are upsizing or downsizing," he says.
New Martinsville's major employers include local oil and gas plants and the Hannibal-New Martinsville hydroelectric dam, which powers half the city. The small Wetzel County Hospital also provides healthcare jobs. New Martinsville has a mix of home styles from throughout the 1900s, including bungalows, Folk Victorians and ranch-styles. But there's not much from this century along the city's
Home Trends in New Martinsville, WV
On average, homes in New Martinsville, WV sell after 72 days on the market compared to the national average of 50 days. The median sale price for homes in New Martinsville, WV over the last 12 months is $165,000, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$165,000
Median Single Family Sale Price
$165,500
Average Price Per Sq Ft
$79
Number of Homes for Sale
16
Last 12 months Home Sales
53
Median List Price
$169,900
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
10%