Durbin, WV Foreclosures
How much do homes sell for in Durbin, WV?
The average home price is currently $155,416.
In Durbin, WV, how many homes are available?
There are currently 1 active home listings available in Durbin.
What’s the average rental cost in Durbin, WV?
The average rental price in Durbin is $859.
What is the most expensive home in Durbin?
The most expensive home sold in Durbin had a price of $1,763,056.
What is currently the cheapest priced home in Durbin, WV?
The cheapest home for sale in Durbin is priced at $22,800.
Living in Durbin, WV
Durbin, WV, is a scenic town in the heart of the Monongahela National Forest, known for its outdoor activities and community spirit. With unique local shops and festivals, residents enjoy a slow-paced lifestyle surrounded by nature. It’s perfect for families and nature lovers looking for a peaceful retreat.
Current Market Conditions in Durbin, WV
The real estate market in Durbin, WV is characterized by its affordability and steady demand from buyers seeking homes in picturesque settings. Over the past year, the market has seen moderate interest from those looking to relocate to rural areas, with a noticeable uptick in tourists and retirees contributing to a vibrant local economy. Homes in Durbin tend to sell quickly, particularly those that offer unique characteristics or are within walking distance to local amenities.
Investors have recently taken notice of Durbin's charm, leading to a slight increase in property values as demand rises. The community's emphasis on preservation and outdoor tourism has piqued interest for both vacation homes and permanent residences, signaling a healthy trend for future growth.
Home Value Estimator For Durbin, WV
There are currently 162 real estate properties
in Durbin, WV,
with a median automated valuation model (AVM) price
of $115,483.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Durbin, 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 Durbin, WV,
is $155,416.00, with the most expensive house
in Durbin, WV, topping out
at $1,763,056.00 and the cheapest home
in Durbin, WV,
clocking in at $22,800.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Durbin, WV!
Rent Prices
In Durbin, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Durbin, WV, is on
a rollercoaster ride. The
average rent price in Durbin, WV,
is $859.00. Indeed, when looking to rent in
Durbin, WV, you can expect to pay as little
as $520.00 or as much
as $1,600.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Durbin, 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.