Elk Garden, WV Foreclosures
How much do homes sell for in Elk Garden, WV?
The average home price is currently $143,614.
What’s the average rental cost in Elk Garden, WV?
The average rental price in Elk Garden is $1,020.
What is the most expensive home in Elk Garden?
The most expensive home sold in Elk Garden had a price of $459,370.
What is currently the cheapest priced home in Elk Garden, WV?
The cheapest home for sale in Elk Garden is priced at $35,473.
Living in Elk Garden, WV
Elk Garden, WV is a quaint small town with a friendly community and scenic landscapes. Known for outdoor recreational activities, it exhibits a blend of rural charm and convenient proximity to urban amenities. Families enjoy local schools and community events that enrich the living experience, making it a desirable location for real estate investment.
Current Market Conditions in Elk Garden, WV
Currently, Elk Garden's real estate market is characterized by affordable housing options, attracting both first-time homebuyers and real estate investors. The town's low property prices, combined with its potential for growth due to its natural beauty and community spirit, present promising opportunities for investment.
Trends indicate a steady interest in the Elk Garden area, with increasing inquiries from buyers looking for peaceful residential options away from bustling city life. This rise in demand, complemented by the area's limited inventory, may lead to an upward trend in home prices, benefiting savvy investors.
Home Value Estimator For Elk Garden, WV
There are currently 165 real estate properties
in Elk Garden, WV,
with a median automated valuation model (AVM) price
of $124,531.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elk Garden, 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 Elk Garden, WV,
is $143,614.00, with the most expensive house
in Elk Garden, WV, topping out
at $459,370.00 and the cheapest home
in Elk Garden, WV,
clocking in at $35,473.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elk Garden, WV!
Rent Prices
In Elk Garden, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elk Garden, WV, is on
a rollercoaster ride. The
average rent price in Elk Garden, WV,
is $1,020.00. Indeed, when looking to rent in
Elk Garden, WV, you can expect to pay as little
as $610.00 or as much
as $1,570.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Elk Garden, 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.
Learn more on Foreclosure homes
