Welch, WV Foreclosures
How much do homes sell for in Welch, WV?
The average home price is currently $68,274.
What’s the average rental cost in Welch, WV?
The average rental price in Welch is $721.
What is the most expensive home in Welch?
The most expensive home sold in Welch had a price of $639,000.
What is currently the cheapest priced home in Welch, WV?
The cheapest home for sale in Welch is priced at $10,035.
Living in Welch, WV
Welch, WV is a small town characterized by its rich history and beautiful Appalachian setting. With a focus on community, education, and outdoor activities, Welch attracts those seeking a slower pace of life surrounded by nature. The town's welcoming atmosphere makes it an appealing place for families and individuals alike.
Current Market Conditions in Welch, WV
The real estate market in Welch is relatively stable and competitive, with a variety of homes available for potential buyers. Home prices in the area are generally lower than the national average, making it an appealing option for first-time homebuyers or investors looking for affordable properties. During the past year, the market has shown signs of gradual appreciation as interest in the area has grown, largely from individuals seeking affordable housing options outside of larger cities.
In recent months, there has been a noticeable increase in new listings, as more homeowners decide to sell amidst the ongoing demand from out-of-state buyers. This uptick has contributed to a slight increase in property values, particularly for well-maintained homes. However, the regional market remains accessible, with options for various budgets.
Home Value Estimator For Welch, WV
There are currently 823 real estate properties
in Welch, WV,
with a median automated valuation model (AVM) price
of $56,917.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Welch, 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 Welch, WV,
is $68,274.00, with the most expensive house
in Welch, WV, topping out
at $639,000.00 and the cheapest home
in Welch, WV,
clocking in at $10,035.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Welch, WV!
Rent Prices
In Welch, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Welch, WV, is on
a rollercoaster ride. The
average rent price in Welch, WV,
is $721.00. Indeed, when looking to rent in
Welch, WV, you can expect to pay as little
as $440.00 or as much
as $1,280.00,
with the average rent median estimated to
be $720.00. The good news is that finding
an affordable and desirable property to rent in Welch, 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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