Living in Athens, WV
Athens, located in the heart of West Virginia, is a charming small town with a close-knit community and beautiful landscapes. Known for its easy access to outdoor activities and a vibrant local culture, Athens offers a peaceful lifestyle while still being close to urban conveniences. The town has a rich history and provides residents with a friendly atmosphere, making it an ideal place for families and young professionals alike.
Current Market Conditions in Athens, WV
The real estate market in Athens, WV has been relatively stable over the past few years, characterized by affordable housing prices compared to the regional average. Homes typically sell within 30-60 days, suggesting that demand is consistent as buyers are drawn to the community charm and amenities.
Rising interest rates have led to a slowdown in new constructions, but there are still opportunities for homebuyers, particularly for single-family homes and smaller bungalows that cater to first-time buyers and retirees. Investors are beginning to show interest in rental properties, given the proximity to educational institutions.
Home Value Estimator For Athens, WV
There are currently 211 real estate properties
in Athens, WV,
with a median automated valuation model (AVM) price
of $173,309.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Athens, WV, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Athens, WV,
is $205,007.00, with the most expensive house
in Athens, WV, topping out
at $2,813,639.00 and the cheapest home
in Athens, WV,
clocking in at $20,298.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Athens, WV!
Rent Prices
In Athens, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Athens, WV, is on
a rollercoaster ride. The
average rent price in Athens, WV,
is $1,001.00. Indeed, when looking to rent in
Athens, WV, you can expect to pay as little
as $550.00 or as much
as $1,600.00,
with the average rent median estimated to
be $980.00. The good news is that finding
an affordable and desirable property to rent in Athens, WV
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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