Kermit, WV Foreclosures
How much do homes sell for in Kermit, WV?
The average home price is currently $93,723.
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 $316,271.
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 rural town surrounded by beautiful Appalachian scenery. With a welcoming community, local amenities, and access to quality education, it's an ideal location for families. Residents enjoy outdoor activities while being a short drive away from larger towns offering more services.
Current Market Conditions in Kermit, WV
The real estate market in Kermit remains stable, with moderate demand for homes in the area. Housing prices are relatively affordable compared to urban centers, attracting both homebuyers and investors looking to capitalize on the area’s charm.
In recent years, Kermit has seen a slight increase in property values, suggesting growing interest in rural living. The trend points towards a recovering market with opportunities for investment in both residential and rental properties.
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 $77,713.00. 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 $93,723.00, with the most expensive house
in Kermit, WV, topping out
at $316,271.00 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
