Rainelle, WV Foreclosures
How much do homes sell for in Rainelle, WV?
The average home price is currently $119,804.
What’s the average rental cost in Rainelle, WV?
The average rental price in Rainelle is $899.
What is the most expensive home in Rainelle?
The most expensive home sold in Rainelle had a price of $514,377.
What is currently the cheapest priced home in Rainelle, WV?
The cheapest home for sale in Rainelle is priced at $28,500.
Living in Rainelle, WV
Rainelle, West Virginia, is a small, charming town situated in Greenbrier County, known for its picturesque landscapes and a close-knit community. The town offers an array of outdoor activities which include hiking, fishing, and enjoying nature's beauty in the nearby parks. Rainelle's affordable real estate options make it an attractive spot for families and retirees alike looking for a peaceful lifestyle.
Current Market Conditions in Rainelle, WV
The real estate market in Rainelle, WV, is currently steady, with home prices reflecting the affordability of living in a small town. The demand for homes has seen a gradual increase as more people are looking to escape the hustle and bustle of city life for quieter, more rural areas. The average price of homes is lower than the national average, making it an appealing option for first-time homebuyers.
Trends indicate that buyers are favoring single-family homes with outdoor space, reflecting a desire for relaxation and recreation. The inventory of homes for sale has been relatively stable, yet it remains a buyer's market, giving potential homeowners several options to consider.
Home Value Estimator For Rainelle, WV
There are currently 1,237 real estate properties
in Rainelle, WV,
with a median automated valuation model (AVM) price
of $101,398.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rainelle, 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 Rainelle, WV,
is $119,804.00, with the most expensive house
in Rainelle, WV, topping out
at $514,377.00 and the cheapest home
in Rainelle, WV,
clocking in at $28,500.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rainelle, WV!
Rent Prices
In Rainelle, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rainelle, WV, is on
a rollercoaster ride. The
average rent price in Rainelle, WV,
is $899.00. Indeed, when looking to rent in
Rainelle, WV, you can expect to pay as little
as $520.00 or as much
as $1,900.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Rainelle, 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
