Martinsburg Housing Market Soars: 13.7% Price Increase and Top 5 Luxury Homes Sold in September 2023

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Martinsburg Housing Market Trends in September

In September 2023, Martinsburg home prices were up 13.7% compared to last year, selling for a median price of $272,837. On average, homes in Martinsburg sell after 37 days on the market compared to 57 days last year. There were 51 homes sold in September this year, up from 40 last year.

The median sale price is $272,837 and homes stay on the market for 37 days. When comparing property types, median sale prices vary. The median sale price of a single family home in Martinsburg is $274,500 . Martinsburg area townhouses have a median sale price of $231,000 , making them less expensive than single family homes

Martinsburg Migration & Relocation Trends

In Jul '23 - Sep '23, 19% of Martinsburg homebuyers searched to move out of Martinsburg, while 81% looked to stay within the metropolitan area.

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Where are people moving to Martinsburg from?

• Across the nation, 3% of homebuyers searched to move into Martinsburg from outside metros.
• New York homebuyers searched to move into Martinsburg more than any other metro followed by San Francisco and Chicago.

Where are people from Martinsburg moving to?

• 81% of Martinsburg homebuyers searched to stay within the Martinsburg metropolitan area.
• Salisbury was the most popular destination among Martinsburg homebuyers followed by Virginia Beach and Miami.

Top 5 Most Expensive Homes Sold in Martinsburg in the Last Month

1. 45 Cusick Ct, Martinsburg, WV, 25403

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• Sold on SEP 28, 2023 for $725,000
• 5 Beds, 5 Baths, 5814 Sq Ft
• Description: Former model home with mountain views, detached 3 car garage with potential office or in-law suite, 5 bedrooms each with a bathroom, professional office space, and upgraded kitchen. More details here.

2. 263 Holland Dr, Martinsburg, WV, 25403

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• Sold on OCT 12, 2023 for $695,000
• 4 Beds, 3 Baths, 5954 Sq Ft
• Description: Luxury home with heated pool and hot tub, 4 bedrooms plus 2 extra rooms, located in a serene neighborhood. More details here.

3. 107 N Rosemont Ave, Martinsburg, WV, 25401

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• Sold on SEP 28, 2023 for $588,000
• 3 Beds, 2 Baths, 3992 Sq Ft
• Description: Custom brick ranch home in Martinsburg with a view of Lake Thomas, large backyard, two fireplaces, and wood flooring. More details here.

4. 67 Cobblestone Ct, Martinsburg, WV, 25403

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• Sold on OCT 2, 2023 for $575,000
• 4 Beds, 3 Baths, 4032 Sq Ft
• Description: Colonial home with attached and detached garages, living room with built-ins and pellet stove, kitchen with island and granite, sunroom, and primary bedroom with cathedral ceiling and walk-in closet. More details here.

5. 109 Cowen Ln Unit HOMESITE 585, Martinsburg, WV, 25403

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• Sold on SEP 25, 2023 for $551,382
• 4 Beds, 2 Baths, 3345 Sq Ft
• Description: Castlerock II floorplan home with 4 bedrooms, gourmet kitchen with 12 ft. island, dining room, living room, study, family room with fireplace, and primary suite with tray ceiling and large walk-in closet. More details here.

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