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Foreclosure Homes in Richwood, WV

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Richwood, WV Foreclosures

How much do homes sell for in Richwood, WV?
The average home price is currently $65,648.
In Richwood, WV, how many homes are available?
There are currently 2 active home listings available in Richwood.
What’s the average rental cost in Richwood, WV?
The average rental price in Richwood is $773.
What is the most expensive home in Richwood?
The most expensive home sold in Richwood had a price of $331,373.
What is currently the cheapest priced home in Richwood, WV?
The cheapest home for sale in Richwood is priced at $1,097.

Living in Richwood, WV

Richwood, located in the heart of the Appalachian Mountains in West Virginia, offers a serene lifestyle surrounded by nature. Known for its friendly community and outdoor recreational activities, it's a beautiful location for those looking to escape the hustle and bustle of city life. With great schools and local events, Richwood is perfect for families and nature enthusiasts alike.

Current Market Conditions in Richwood, WV

The real estate market in Richwood has been relatively stable, with a modest increase in home values over the past year. Interest from buyers looking for affordable homes in tranquil settings has contributed to a steady demand, particularly among families and retirees.

Recent trends indicate a growing interest in vacation properties in the area, as more people seek second homes in picturesque locations away from urban centers. Local realtors have reported an uptick in inquiries for properties that offer outdoor access and proximity to nature.

Home Value Estimator For Richwood, WV

There are currently 766 real estate properties in Richwood, WV, with a median automated valuation model (AVM) price of $60,132.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Richwood, 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 Richwood, WV, is $65,648.00, with the most expensive house in Richwood, WV, topping out at $331,373.00 and the cheapest home in Richwood, WV, clocking in at $1,097.00. In other words, there’s something for every potential homebuyer or savvy investor in Richwood, WV!

Rent Prices In Richwood, WV

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Richwood, WV, is on a rollercoaster ride. The average rent price in Richwood, WV, is $773.00. Indeed, when looking to rent in Richwood, WV, you can expect to pay as little as $470.00 or as much as $1,600.00, with the average rent median estimated to be $710.00. The good news is that finding an affordable and desirable property to rent in Richwood, 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.

Richwood, WV Foreclosures


Market Trend for Richwood, WV

Total Listings Available: 2

Market Values:

Home Prices from $1,097 to $331,373

Average Sales Price: $65,648

Rental Values:

Rental from $470 to $1,600

Average Rent Value: $773 / month

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