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Rent To Own Homes in Fairmont, WV

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Fairmont, WV Foreclosures

How much do homes sell for in Fairmont, WV?
The average home price is currently $215,886.
In Fairmont, WV, how many homes are available?
There are currently 4 active home listings available in Fairmont.
What’s the average rental cost in Fairmont, WV?
The average rental price in Fairmont is $1,097.
What is the most expensive home in Fairmont?
The most expensive home sold in Fairmont had a price of $9,770,357.
What is currently the cheapest priced home in Fairmont, WV?
The cheapest home for sale in Fairmont is priced at $10,699.

Living in Fairmont, WV

Fairmont, WV, is a historical city that combines the charm of small-town living with a range of amenities and recreational opportunities. It is home to scenic parks, vibrant festivals, and a supportive community, making it an ideal place for families and individuals. The city’s accessible education options further contribute to its family-friendly environment.

Current Market Conditions in Fairmont, WV

The real estate market in Fairmont has shown steady growth, with an increasing demand for homes due to the area's affordability compared to nearby cities. The median home price has seen a gradual rise, reflecting the balanced demand and supply in the market, making it a favorable option for investors and first-time homebuyers.

In recent months, Fairmont has experienced a competitive market with a decrease in the average days on market for listings. Homes in sought-after neighborhoods often receive multiple offers, which is indicative of the area's growing appeal.

Home Value Estimator For Fairmont, WV

There are currently 14,356 real estate properties in Fairmont, WV, with a median automated valuation model (AVM) price of $187,066.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fairmont, 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 Fairmont, WV, is $215,886.00, with the most expensive house in Fairmont, WV, topping out at $9,770,357.00 and the cheapest home in Fairmont, WV, clocking in at $10,699.00. In other words, there’s something for every potential homebuyer or savvy investor in Fairmont, WV!

Rent Prices In Fairmont, WV

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairmont, WV, is on a rollercoaster ride. The average rent price in Fairmont, WV, is $1,097.00. Indeed, when looking to rent in Fairmont, WV, you can expect to pay as little as $560.00 or as much as $2,360.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Fairmont, 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.

Fairmont, WV Rent To Own Homes

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