Living in Parsons, WV
Parsons, WV, is a charming small town nestled in the heart of Tucker County. Known for its scenic landscapes and outdoor recreational activities, it provides a friendly environment for families and nature enthusiasts. Enjoy a mix of local culture and easy access to nature trails and parks in this idyllic setting.
Current Market Conditions in Parsons, WV
The real estate market in Parsons, WV, is relatively stable, with a mix of affordable options for those looking to buy in a rural area. There has been a noticeable uptick in interest among homebuyers seeking vacation cabins and second homes, particularly during the summer and winter months, indicating a healthy demand in the market.
Recent trends show an increase in property values as more people look to escape the hustle of city living for the tranquility that Parsons offers. Investment in local infrastructure and tourism initiatives has further boosted the attractiveness of the area, making it an appealing spot for new developments.
The rental market has also seen steady growth, catering to both year-round residents and tourists. Overall, the local economy remains supported by seasonal visitors and consistent property turnover.
Home Value Estimator For Parsons, WV
There are currently 601 real estate properties
in Parsons, WV,
with a median automated valuation model (AVM) price
of $120,224.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Parsons, 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 Parsons, WV,
is $131,189.00, with the most expensive house
in Parsons, WV, topping out
at $411,221.00 and the cheapest home
in Parsons, WV,
clocking in at $11,124.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Parsons, WV!
Rent Prices
In Parsons, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Parsons, WV, is on
a rollercoaster ride. The
average rent price in Parsons, WV,
is $839.00. Indeed, when looking to rent in
Parsons, WV, you can expect to pay as little
as $440.00 or as much
as $1,470.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Parsons, 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.