Mcmechen, WV Foreclosures
How much do homes sell for in Mcmechen, WV?
The average home price is currently $87,286.
In Mcmechen, WV, how many homes are available?
There are currently 3 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 $2,408,170.
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, WV, is a small, friendly community offering a charming atmosphere and numerous outdoor activities. With affordable living costs, good schools, and local amenities, it provides a comfortable lifestyle for families and individuals. The city is situated close to larger urban centers, balancing tranquility with access to bigger city conveniences.
Current Market Conditions in Mcmechen, WV
The real estate market in McMechen has shown signs of stability, with a steady demand for affordable housing. Recently, there has been an uptick in interest from homebuyers looking for properties within a reasonable price range, reflecting a growing appreciation for the community's charm and appeal.
This area has seen gradual appreciation in home values, driven by an influx of buyers seeking to escape higher prices in urban centers. The market appears promising for potential investors and new homeowners due to the favorable conditions.
In recent months, McMechen's real estate has benefited from lower inventory and increased buyer activity. The competition has led to quicker sales, particularly for well-maintained homes and those that offer easy access to amenities.
Home Value Estimator For Mcmechen, WV
There are currently 902 real estate properties
in Mcmechen, WV,
with a median automated valuation model (AVM) price
of $72,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in 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 $87,286.00, with the most expensive house
in Mcmechen, WV, topping out
at $2,408,170.00 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
