Martinsburg, WV

Key Performance Metrics

Market snapshot

Performance indicators for the Martinsburg short-term rental market based on reliable data.

Listings

162 / 347

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$27,741

Middle-Earners Revenue

Occupancy

60%

Middle-Earners Occupancy

Home Value

$302,113

Median Home Sale Price

Top Earners

$57,323

Top-Earners Revenue

Martinsburg

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Martinsburg.

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Challenging to Investors

Martinsburg Regulations

Martinsburg’s current municipal rules for STRs are unclear; while unincorporated Jefferson County permits them as a principal permitted use, the city’s zoning status, permitting requirements, fees and caps are not confirmed, creating compliance uncertainty and additional risk for investors.

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About Martinsburg

Martinsburg is a city in and the county seat of Berkeley County, West Virginia, United States. The population was 18,773 at the 2020 census, making Martinsburg the largest city in the Eastern Panhandle of West Virginia and the sixth-largest city in the state. It is a principal city of the Hagerstown–Martinsburg metropolitan area extending into Maryland, which had 293,844 residents in 2020.