Racine, WV Foreclosures
How much do homes sell for in Racine, WV?
The average home price is currently $141,115.
In Racine, WV, how many homes are available?
There are currently 12 active home listings available in Racine.
What’s the average rental cost in Racine, WV?
The average rental price in Racine is $836.
What is the most expensive home in Racine?
The most expensive home sold in Racine had a price of $709,291.
What is currently the cheapest priced home in Racine, WV?
The cheapest home for sale in Racine is priced at $16,549.
Living in Racine, WV
Racine, a small town nestled in Boone County, West Virginia, offers a tranquil lifestyle surrounded by picturesque landscapes. Known for its friendly community and close-knit atmosphere, it attracts families and individuals looking for a peaceful retreat. With access to outdoor activities and local amenities, Racine balances small-town charm with a welcoming environment.
Current Market Conditions in Racine, WV
The real estate market in Racine, WV, is characterized by its affordability and family-friendly atmosphere. With the demand for housing gradually increasing, particularly among young families and retirees seeking a peaceful lifestyle, property values have seen a modest improvement over recent years. While the market has stabilized, the small-town charm continues to attract new buyers looking for homes nestled in nature.
There is an ongoing interest in properties that offer ample outdoor space, reflecting a growing trend where families prioritize larger homes with yards and easy access to recreational activities. As a result, while Racine's housing market is not as competitive as large urban areas, the modest demand has encouraged recent developments in the region.
Home Value Estimator For Racine, WV
There are currently 180 real estate properties
in Racine, WV,
with a median automated valuation model (AVM) price
of $103,987.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Racine, 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 Racine, WV,
is $141,115.00, with the most expensive house
in Racine, WV, topping out
at $709,291.00 and the cheapest home
in Racine, WV,
clocking in at $16,549.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Racine, WV!
Rent Prices
In Racine, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Racine, WV, is on
a rollercoaster ride. The
average rent price in Racine, WV,
is $836.00. Indeed, when looking to rent in
Racine, WV, you can expect to pay as little
as $520.00 or as much
as $1,760.00,
with the average rent median estimated to
be $770.00. The good news is that finding
an affordable and desirable property to rent in Racine, 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.
Learn more on Foreclosure homes
