Nimitz, WV Foreclosures
How much do homes sell for in Nimitz, WV?
The average home price is currently $176,261.
What’s the average rental cost in Nimitz, WV?
The average rental price in Nimitz is $1,130.
What is the most expensive home in Nimitz?
The most expensive home sold in Nimitz had a price of $590,180.
What is currently the cheapest priced home in Nimitz, WV?
The cheapest home for sale in Nimitz is priced at $74,067.
Living in Nimitz, WV
Nimitz is a small, tranquil town located in Summers County, West Virginia. It offers a peaceful rural lifestyle with access to beautiful natural surroundings, including the nearby New River Gorge. Residents enjoy outdoor activities such as hiking, fishing, and exploring local parks. The community is tight-knit, making it a great place for families and those seeking a quieter way of life.
Current Market Conditions in Nimitz, WV
The real estate market in Nimitz, WV has seen a steady demand over the past year, with an increase in interest from buyers looking for affordable housing options and a slower-paced lifestyle. The town's picturesque surroundings and low property prices have attracted first-time home buyers and families seeking a more rural environment.
Despite the limited number of listings in Nimitz, the available homes tend to sell relatively quickly, often within a few weeks. The market is characterized by modestly priced homes, with a mix of older properties and newer constructions, creating a diverse range for potential buyers.
As people continue to search for homes outside of urban centers, Nimitz is poised to see an ongoing interest in its real estate market, indicating a positive trend for property value growth and sustainability in the coming years.
Home Value Estimator For Nimitz, WV
There are currently 16 real estate properties
in Nimitz, WV,
with a median automated valuation model (AVM) price
of $134,434.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Nimitz, 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 Nimitz, WV,
is $176,261.00, with the most expensive house
in Nimitz, WV, topping out
at $590,180.00 and the cheapest home
in Nimitz, WV,
clocking in at $74,067.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Nimitz, WV!
Rent Prices
In Nimitz, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Nimitz, WV, is on
a rollercoaster ride. The
average rent price in Nimitz, WV,
is $1,130.00. Indeed, when looking to rent in
Nimitz, WV, you can expect to pay as little
as $840.00 or as much
as $1,720.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Nimitz, 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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