Philippi, WV Foreclosures
How much do homes sell for in Philippi, WV?
The average home price is currently $164,351.
In Philippi, WV, how many homes are available?
There are currently 1 active home listings available in Philippi.
What’s the average rental cost in Philippi, WV?
The average rental price in Philippi is $936.
What is the most expensive home in Philippi?
The most expensive home sold in Philippi had a price of $933,126.
What is currently the cheapest priced home in Philippi, WV?
The cheapest home for sale in Philippi is priced at $11,739.
Living in Philippi, WV
Philippi is a charming small town nestled in Barbour County, West Virginia, known for its rich history and vibrant community. With its picturesque views of the surrounding Appalachian Mountains, it offers a peaceful suburban lifestyle while being just a short drive from larger urban areas. Residents can enjoy a variety of local events and festivals that showcase the town's heritage and community spirit.
Current Market Conditions in Philippi, WV
The real estate market in Philippi has shown steady growth over the past few years, reflecting the demand for affordable housing in a rural setting. With a mix of charming older homes and new constructions, buyers have a variety of options available. The affordability of homes compared to surrounding urbanized areas has attracted many families and retirees looking for a quieter lifestyle.
In recent months, the market has seen a slight increase in home prices due to a decrease in inventory. However, with our ongoing economic developments, interest rates remain favorable for buyers. The local economy is supported by several industries, including education, healthcare, and manufacturing, contributing to the overall stability of the housing market.
Home Value Estimator For Philippi, WV
There are currently 1,533 real estate properties
in Philippi, WV,
with a median automated valuation model (AVM) price
of $143,428.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Philippi, 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 Philippi, WV,
is $164,351.00, with the most expensive house
in Philippi, WV, topping out
at $933,126.00 and the cheapest home
in Philippi, WV,
clocking in at $11,739.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Philippi, WV!
Rent Prices
In Philippi, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Philippi, WV, is on
a rollercoaster ride. The
average rent price in Philippi, WV,
is $936.00. Indeed, when looking to rent in
Philippi, WV, you can expect to pay as little
as $480.00 or as much
as $1,960.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Philippi, 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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