Summit Point, WV Foreclosures
How much do homes sell for in Summit Point, WV?
The average home price is currently $450,355.
In Summit Point, WV, how many homes are available?
There are currently 38 active home listings available in Summit Point.
What’s the average rental cost in Summit Point, WV?
The average rental price in Summit Point is $1,497.
What is the most expensive home in Summit Point?
The most expensive home sold in Summit Point had a price of $1,323,015.
What is currently the cheapest priced home in Summit Point, WV?
The cheapest home for sale in Summit Point is priced at $48,079.
Living in Summit Point, WV
Summit Point is a charming small community located in Jefferson County, West Virginia, with a rich history and a friendly atmosphere. The area boasts a mix of rural and suburban living, providing residents with easy access to outdoor activities and local amenities. Its proximity to major roads makes it convenient for commuting, while maintaining a sense of tranquility.
Current Market Conditions in Summit Point, WV
In Summit Point, the real estate market remains stable with a steady demand for homes. Buyers are drawn to the area's affordability, quality of life, and strong community ties. The growth of nearby urban centers is influencing real estate values positively, as more people look for peaceful living spaces with good access to urban amenities.
With the rise in interest rates, potential buyers are being cautious, leading to slight fluctuations in the market activity. However, the overall market condition remains promising as the area is witnessing new developments and an influx of families seeking homes.
Home Value Estimator For Summit Point, WV
There are currently 375 real estate properties
in Summit Point, WV,
with a median automated valuation model (AVM) price
of $459,103.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Summit Point, 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 Summit Point, WV,
is $450,355.00, with the most expensive house
in Summit Point, WV, topping out
at $1,323,015.00 and the cheapest home
in Summit Point, WV,
clocking in at $48,079.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Summit Point, WV!
Rent Prices
In Summit Point, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Summit Point, WV, is on
a rollercoaster ride. The
average rent price in Summit Point, WV,
is $1,497.00. Indeed, when looking to rent in
Summit Point, WV, you can expect to pay as little
as $680.00 or as much
as $2,950.00,
with the average rent median estimated to
be $1,490.00. The good news is that finding
an affordable and desirable property to rent in Summit Point, 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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