Gary, WV Foreclosures
How much do homes sell for in Gary, WV?
The average home price is currently $56,458.
What’s the average rental cost in Gary, WV?
The average rental price in Gary is $685.
What is the most expensive home in Gary?
The most expensive home sold in Gary had a price of $108,981.
What is currently the cheapest priced home in Gary, WV?
The cheapest home for sale in Gary is priced at $35,400.
Living in Gary, WV
Gary, West Virginia is a small town nestled in the scenic Appalachian Mountains. Known for its rich coal mining history, it offers a unique blend of outdoor activities and a tight-knit community atmosphere. The town features several parks and is surrounded by beautiful natural landscapes, making it a lovely destination for nature enthusiasts.
Current Market Conditions in Gary, WV
The real estate market in Gary has historically been influenced by the coal industry. Over the past few years, home values have stabilized as the region adapts to economic changes. Buyers can find affordable housing options, but the market often sees limited inventory given the town's size and population. As remote work becomes more common, some people are considering the tranquility of small-town living, which could contribute positively to the local market's dynamics.
Recent trends indicate an increase in interest from buyers seeking a quieter lifestyle away from urban centers. While property values remain low compared to larger markets, there is potential for growth as amenities and infrastructure continue to develop.
Home Value Estimator For Gary, WV
There are currently 57 real estate properties
in Gary, WV,
with a median automated valuation model (AVM) price
of $48,475.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gary, 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 Gary, WV,
is $56,458.00, with the most expensive house
in Gary, WV, topping out
at $108,981.00 and the cheapest home
in Gary, WV,
clocking in at $35,400.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gary, WV!
Rent Prices
In Gary, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gary, WV, is on
a rollercoaster ride. The
average rent price in Gary, WV,
is $685.00. Indeed, when looking to rent in
Gary, WV, you can expect to pay as little
as $540.00 or as much
as $890.00,
with the average rent median estimated to
be $710.00. The good news is that finding
an affordable and desirable property to rent in Gary, 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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