Kermit, WV Foreclosures
How much do homes sell for in Kermit, WV?
The average home price is currently $92,567.
In Kermit, WV, how many homes are available?
There are currently 2 active home listings available in Kermit.
What’s the average rental cost in Kermit, WV?
The average rental price in Kermit is $879.
What is the most expensive home in Kermit?
The most expensive home sold in Kermit had a price of $323,398.
What is currently the cheapest priced home in Kermit, WV?
The cheapest home for sale in Kermit is priced at $16,480.
Living in Kermit, WV
Kermit, WV, is a small yet inviting town nestled in the Appalachian Mountains. The community is characterized by its outdoor recreational opportunities and a friendly, welcoming atmosphere. Residents appreciate the balance of serenity and accessibility to nearby urban amenities, making it an appealing location for potential homeowners.
Current Market Conditions in Kermit, WV
The real estate market in Kermit is currently stable, with a moderate supply of homes on the market and varying price points. There has been a recent interest from buyers seeking affordable housing with a vibrant local culture and outdoor recreational options, contributing to competitive offers in select neighborhoods.
Potential homebuyers can expect to see a mix of traditional Appalachian-style homes, new constructions, and some investment properties, catering to diverse preferences and budgets. The market is gradually adapting to changes in demand, and with each passing month, Kermit's real estate climate showcases promise for future growth.
Home Value Estimator For Kermit, WV
There are currently 75 real estate properties
in Kermit, WV,
with a median automated valuation model (AVM) price
of $76,704.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Kermit, 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 Kermit, WV,
is $92,567.00, with the most expensive house
in Kermit, WV, topping out
at $323,398.00 and the cheapest home
in Kermit, WV,
clocking in at $16,480.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Kermit, WV!
Rent Prices
In Kermit, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Kermit, WV, is on
a rollercoaster ride. The
average rent price in Kermit, WV,
is $879.00. Indeed, when looking to rent in
Kermit, WV, you can expect to pay as little
as $570.00 or as much
as $1,490.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Kermit, 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
