Foreclosure Homes in Parkersburg, WV

Current Market Conditions in Parkersburg, WV

The real estate market in Parkersburg has shown promising trends, with a steady increase in property values over the past year. Homebuyers are drawn to the area for its affordability compared to larger metropolitan regions, leading to increased demand. The number of homes sold has also seen an uptick, attributed to low interest rates and a desire for more space, particularly in the wake of the pandemic.

Investors are taking notice of Parkersburg's potential, with a range of properties from historic homes to new developments available. This diversity in real estate options appeals to a broad spectrum of buyers, further contributing to a dynamic market.

Rent Prices In Parkersburg, WV

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parkersburg, WV, is on a rollercoaster ride. The average rent price in Parkersburg, WV, is $1,002.00. Indeed, when looking to rent in Parkersburg, WV, you can expect to pay as little as $450.00 or as much as $2,400.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Parkersburg, 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.