Real Estate Market Update for Romney, WV
Welcome to November's Market Update. Lets take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 37% from one year earlier, and up 6% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was 150-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 33%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 150-thousand dollars. The number of units sold increased 100% year-over-year, and decreased 40% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Romney, WV
Area Information for Romney, WV
  • Population: 1,569
  • Median Age: 40.26 yr
  • Median Commute Time: 21 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 1,633/sq mi
  • Population Change Since 2000: -9.8%
  • Closest Airport: Hagerstown Regional-richard A Henson Field
  • Closest College: Frostburg State University
  • Closest Jr. College: Potomac State Cllg Of West Virginia Univ
  • Median Household Income: $24,928
  • Annual Residential Turnover: 12%
  • Median Home Sales Price: $0
  • Closest Major Sports Team: Hagerstown Suns (a)
  • Change Avg. Household Income Since 2000: -5.48%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Romney, WV
Median Age: 40.26 Married: 27% Number of Households: 719 Households with Children: 140
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Romney, WV

      School Name Distance Type Grades School Rating Parent Rating
      West Virginia School For The Deaf Elementary School 3.6 mi Public PRESCHOOL-5 0 0
      West Virginia School For The Deaf-second 3.6 mi Public PRESCHOOL-12 0 0
      West Virginia School For The Blind 3.6 mi Public PRESCHOOL-12 0 0
      Maranatha Christian Academy 3.6 mi Private 5-12 0 0
      Romney Elementary School 3.7 mi Public PRESCHOOL-5 3 0
      Romney Middle School 3.7 mi Public 6-8 3 0
      Hampshire County Career Training Center 3.9 mi Public PRESCHOOL-12 0 0
      Hampshire Senior High School 4.4 mi Public 9-12 3 2
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Romney, WV
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.