Montgomery, WV Foreclosures
How much do homes sell for in Montgomery, WV?
The average home price is currently $106,033.
In Montgomery, WV, how many homes are available?
There are currently 2 active home listings available in Montgomery.
What’s the average rental cost in Montgomery, WV?
The average rental price in Montgomery is $801.
What is the most expensive home in Montgomery?
The most expensive home sold in Montgomery had a price of $2,533,293.
What is currently the cheapest priced home in Montgomery, WV?
The cheapest home for sale in Montgomery is priced at $11,446.
Living in Montgomery, WV
Montgomery, WV, is a picturesque town in the heart of Appalachia, offering a blend of rich history and natural beauty. Known for its coal mining heritage, this welcoming community offers residents access to various outdoor activities and local amenities. Its strategic location near larger urban centers makes it an attractive place to live while enjoying the peacefulness of small-town life.
Current Market Conditions in Montgomery, WV
The real estate market in Montgomery, WV, has shown moderate activity in recent months. While home prices remain relatively low compared to the national average, there is a growing interest from first-time buyers and investors looking for affordable properties. The area has seen an increase in demand for rental properties, particularly from those seeking to escape larger metropolitan areas.
As of late, home inventory has slightly decreased, leading to quicker sales compared to previous years. The market remains competitive, especially for well-maintained homes, suggesting a potential upward trend in property values.
Home Value Estimator For Montgomery, WV
There are currently 708 real estate properties
in Montgomery, WV,
with a median automated valuation model (AVM) price
of $85,641.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Montgomery, 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 Montgomery, WV,
is $106,033.00, with the most expensive house
in Montgomery, WV, topping out
at $2,533,293.00 and the cheapest home
in Montgomery, WV,
clocking in at $11,446.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Montgomery, WV!
Rent Prices
In Montgomery, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Montgomery, WV, is on
a rollercoaster ride. The
average rent price in Montgomery, WV,
is $801.00. Indeed, when looking to rent in
Montgomery, WV, you can expect to pay as little
as $440.00 or as much
as $1,900.00,
with the average rent median estimated to
be $770.00. The good news is that finding
an affordable and desirable property to rent in Montgomery, 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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