Known as the northern gateway to the Shenandoah Valley, Martinsburg is located in Berkeley County. The town was founded in 1778 by General Adam Stephen and was named to honor Colonel Thomas Bryan Martin. Martinsburg sits along the old Cumberland Trail?a major travel route in the 18th and 19th centuries?and is bordered by the Potomac River. The town became a major shipping center when the Baltimore and Ohio Railroads were constructed in the 1850s. Martinsburg changed hands several times during the Civil War. The family home of confederate spy Belle Boyd is in Martinsburg.
The Boyd home is just one of many architectural masterpieces that remain from the town's early days. Martinsburg today is a modern community with unique shopping areas, plenty of recreational opportunities, and good schools, including four private academies. The Shenandoah Valley offers a variety of things to see and do, including hiking, fishing, swimming, camping, whitewater rafting, golf and picnicking. Martinsburg's eight city parks offer playgrounds, tennis courts, ball fields, basketball courts, fitness centers and horseshoe pits.
Martinsburg is within commuting distance of the Washington-Baltimore metropolitan area along I-81 or West Virginia Route 9, or by MARC train. The town also offers a variety of real estate options. Whether you seek a single-family home in a quiet neighborhood or a condominium or townhouse in a new development, you're sure to find it in Martinsburg.
Martinsburg, WV Real Estate Market: Price Range of Martinsburg Houses for Sale
Housing styles in Martinsburg include a large selection of single-family detached homes, condominiums, estate properties, townhomes and land lots. Development continues in certain areas as the town grows and gains popularity. Quaint brick homes, ranch-styled homes, efficient town homes and rambling multi-bedroom houses with acreage are all available in the picturesque community of Martinsburg.
Single-family homes in Martinsburg range from less than $100,000 to $1 million and up. Townhomes and condominiums in Martinsburg range from the low $100,000s to the low $200,000s. Young families love the affordability of homes within walking distance of elementary schools. Retirees enjoy the peaceful tree-lined neighborhoods and single professionals enjoy the brief commute to larger cities and coming home to tranquil suburban life.
Martinsburg Real Estate Stats and Trends for the week of September 23rd, 2019: homes priced around $185,026 compared to $185,058 the previous week, for a slight decrease of less than -1%. For Monday, September 23rd, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.