Kermit, WV Foreclosures
How much do homes sell for in Kermit, WV?
The average home price is currently $100,363.
In Kermit, WV, how many homes are available?
There are currently 3 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 $486,721.
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 charming small town set in the picturesque Appalachian Mountains. It offers a tranquil lifestyle with a strong community spirit and rich natural beauty. Outdoor adventures await residents, while essential amenities are within reach in this delightful locale.
Current Market Conditions in Kermit, WV
The real estate market in Kermit, WV, has experienced a modest increase in home values over the past year due to rising interest in rural living. The community's appealing natural surroundings and low cost of living compared to urban areas have attracted buyers seeking affordability and a close community.
Inventory in Kermit remains limited, creating a competitive market for available homes. New constructions are rare, but renovations on older properties are becoming popular as buyers look to personalize their homes in this serene environment.
Home Value Estimator For Kermit, WV
There are currently 128 real estate properties
in Kermit, WV,
with a median automated valuation model (AVM) price
of $83,527.00. 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 $100,363.00, with the most expensive house
in Kermit, WV, topping out
at $486,721.00 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
