Is New Martinsville, WV a good place to invest in rental property?

New Martinsville, WV has a median modeled monthly cash flow of $-315 and a median cap rate of 4.0%, on a median sold price of $160,000. Prices changed -7.1% year over year.

What is the average cap rate in New Martinsville, WV?

The median cap rate across recently sold homes in New Martinsville, WV is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New Martinsville, WV?

The median sold price in New Martinsville, WV is $160,000 (about $104 per square foot).

Investing in New Martinsville, WV Real Estate

A data-driven snapshot of the New Martinsville, WV rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$160,000Median sold price

$104Median $/sqft

4.0%Median cap rate

$-315Modeled cash flow / mo

-7.1%Appreciation YoY

9.6Months of supply

48Active listings

60Sold (last 12 mo)

What the New Martinsville numbers say

In New Martinsville, WV, the median home sold for $160,000 (about $104 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-315 of monthly cash flow. Sold prices moved -7.1% over the past year. Inventory sits at about 9.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other West Virginia markets to compare

See New Martinsville cash-flowing listings

CashFlowRE ranks every for-sale home in New Martinsville, WV by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen New Martinsville deals, or browse the national market data.