Mcmechen, WV Foreclosures
How much do homes sell for in Mcmechen, WV?
The average home price is currently $91,784.
In Mcmechen, WV, how many homes are available?
There are currently 4 active home listings available in Mcmechen.
What’s the average rental cost in Mcmechen, WV?
The average rental price in Mcmechen is $811.
What is the most expensive home in Mcmechen?
The most expensive home sold in Mcmechen had a price of $2,399,601.
What is currently the cheapest priced home in Mcmechen, WV?
The cheapest home for sale in Mcmechen is priced at $8,162.
Living in Mcmechen, WV
McMechen is a small city located in Marshall County in West Virginia. Known for its tight-knit community and rich history, McMechen offers a blend of serene residential life with easy access to outdoor activities along the Ohio River. This quaint city ensures a peaceful living environment while still being close to larger urban areas for work and shopping.
Current Market Conditions in Mcmechen, WV
The McMechen real estate market is characterized by its affordability compared to surrounding areas, making it an appealing option for first-time homebuyers. There is a steady demand for homes as the community continues to engage in revitalization efforts, which has resulted in an increase in property values over recent years. Additionally, the area's accessibility and family-friendly environment contribute to its desirability for potential buyers.
Properties in McMechen are generally selling quickly, reflecting the growing interest in this charming city. With a mix of single-family homes and a few multi-family units, the housing market is stable, attracting families and retirees alike.
Home Value Estimator For Mcmechen, WV
There are currently 913 real estate properties
in Mcmechen, WV,
with a median automated valuation model (AVM) price
of $77,965.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mcmechen, 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 Mcmechen, WV,
is $91,784.00, with the most expensive house
in Mcmechen, WV, topping out
at $2,399,601.00 and the cheapest home
in Mcmechen, WV,
clocking in at $8,162.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mcmechen, WV!
Rent Prices
In Mcmechen, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mcmechen, WV, is on
a rollercoaster ride. The
average rent price in Mcmechen, WV,
is $811.00. Indeed, when looking to rent in
Mcmechen, WV, you can expect to pay as little
as $450.00 or as much
as $1,560.00,
with the average rent median estimated to
be $790.00. The good news is that finding
an affordable and desirable property to rent in Mcmechen, 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
