Racine, WV Foreclosures
How much do homes sell for in Racine, WV?
The average home price is currently $140,245.
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 $697,033.
What is currently the cheapest priced home in Racine, WV?
The cheapest home for sale in Racine is priced at $13,123.
Living in Racine, WV
Racine, West Virginia is a quaint small town known for its beautiful landscapes and community-focused living. With a variety of outdoor activities available and fundamental amenities nearby, Racine is perfect for those who appreciate the tranquility of rural life while staying connected to local resources. The town's welcoming atmosphere makes it an ideal spot for families and retirees alike.
Current Market Conditions in Racine, WV
The real estate market in Racine, WV, is currently characterized by stable pricing and modest inventory levels. As more individuals seek refuge from urban environments, the demand for homes in small towns like Racine is seeing a gradual increase, with prices appreciating slowly over time.
Vacancy rates remain low, suggesting a strong demand for rental properties as well. The local economy is stable, contributing to a steady housing market with a blend of long-term residents and newcomers.
Home Value Estimator For Racine, WV
There are currently 205 real estate properties
in Racine, WV,
with a median automated valuation model (AVM) price
of $106,058.00. 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 $140,245.00, with the most expensive house
in Racine, WV, topping out
at $697,033.00 and the cheapest home
in Racine, WV,
clocking in at $13,123.00. 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
