Living in Lumberport, WV
Lumberport, WV is a picturesque small town known for its friendly community and beautiful natural surroundings. With a range of outdoor activities and a focus on education, this town offers a wonderful quality of life. Residents enjoy easy access to local amenities and events that strengthen community bonds.
Current Market Conditions in Lumberport, WV
The Lumberport real estate market is currently showing signs of stability, with a balanced mix of affordable homes and a few upscale properties. As interest in rural living continues to grow, more buyers are considering Lumberport for its charm and accessibility.
Recent trends indicate a slight uptick in property values, making now an opportune time for real estate investors to explore options in the area. As more individuals seek the tranquility of small-town life while remaining connected to urban amenities, demand for homes in Lumberport is anticipated to rise.
Home Value Estimator For Lumberport, WV
There are currently 496 real estate properties
in Lumberport, WV,
with a median automated valuation model (AVM) price
of $114,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lumberport, 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 Lumberport, WV,
is $136,727.00, with the most expensive house
in Lumberport, WV, topping out
at $709,361.00 and the cheapest home
in Lumberport, WV,
clocking in at $10,647.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lumberport, WV!
Rent Prices
In Lumberport, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lumberport, WV, is on
a rollercoaster ride. The
average rent price in Lumberport, WV,
is $844.00. Indeed, when looking to rent in
Lumberport, WV, you can expect to pay as little
as $530.00 or as much
as $1,550.00,
with the average rent median estimated to
be $820.00. The good news is that finding
an affordable and desirable property to rent in Lumberport, 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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