Lenore, WV Foreclosures
How much do homes sell for in Lenore, WV?
The average home price is currently $107,146.
In Lenore, WV, how many homes are available?
There are currently 16 active home listings available in Lenore.
What’s the average rental cost in Lenore, WV?
The average rental price in Lenore is $861.
What is the most expensive home in Lenore?
The most expensive home sold in Lenore had a price of $220,186.
What is currently the cheapest priced home in Lenore, WV?
The cheapest home for sale in Lenore is priced at $24,041.
Living in Lenore, WV
Lenore, West Virginia, is a quaint rural town known for its friendly community and proximity to outdoor recreational activities. With a rich history and peaceful surroundings, Lenore offers a slower pace of life perfect for families or those seeking tranquility. Its scenic views and nearby parks enhance the living experience for residents.
Current Market Conditions in Lenore, WV
The real estate market in Lenore, WV, remains relatively stable, with a growing interest from buyers looking for affordable housing options in small-town America. The average home prices are still below the national average, making it an attractive market for first-time buyers and investors alike. Recently, properties are appreciating in value as more people recognize the benefits of living in a rural setting in West Virginia.
Lenore's market has started to show signs of slight growth, with an uptick in inquiries from potential buyers over the past few months. The market composition leans towards a mix of traditional single-family homes and a few new constructions, indicating that despite its rural setting, there is room for growth and development.
Home Value Estimator For Lenore, WV
There are currently 21 real estate properties
in Lenore, WV,
with a median automated valuation model (AVM) price
of $95,909.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lenore, 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 Lenore, WV,
is $107,146.00, with the most expensive house
in Lenore, WV, topping out
at $220,186.00 and the cheapest home
in Lenore, WV,
clocking in at $24,041.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lenore, WV!
Rent Prices
In Lenore, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lenore, WV, is on
a rollercoaster ride. The
average rent price in Lenore, WV,
is $861.00. Indeed, when looking to rent in
Lenore, WV, you can expect to pay as little
as $680.00 or as much
as $1,070.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Lenore, 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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