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Cheap Homes in Romney, WV

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Romney, WV Foreclosures

How much do homes sell for in Romney, WV?
The average home price is currently $231,913.
What’s the average rental cost in Romney, WV?
The average rental price in Romney is $1,092.
What is the most expensive home in Romney?
The most expensive home sold in Romney had a price of $1,656,497.
What is currently the cheapest priced home in Romney, WV?
The cheapest home for sale in Romney is priced at $24,073.

Living in Romney, WV

Romney, WV, is a beautiful small town steeped in history and enriched by nature's splendor. Residents enjoy a community-oriented lifestyle with local festivals, abundant outdoor activities, and essential amenities that cater to all ages. It’s an ideal location for those looking for tranquility while still having access to urban amenities.

Current Market Conditions in Romney, WV

The real estate market in Romney, WV, is experiencing stable growth. The demand for homes remains steady as more individuals seek the charm and tranquility of small-town living. With an influx of young families and retirees, this community continues to attract buyers looking for affordable housing options amidst picturesque surroundings.

Home prices in Romney have seen a gradual increase over the past year, indicating a healthy market. However, the affordability relative to larger metropolitan areas still makes it an appealing choice for first-time buyers and those seeking second homes in a tranquil setting.

Home Value Estimator For Romney, WV

There are currently 1,425 real estate properties in Romney, WV, with a median automated valuation model (AVM) price of $202,256.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Romney, 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 Romney, WV, is $231,913.00, with the most expensive house in Romney, WV, topping out at $1,656,497.00 and the cheapest home in Romney, WV, clocking in at $24,073.00. In other words, there’s something for every potential homebuyer or savvy investor in Romney, WV!

Rent Prices In Romney, WV

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Romney, WV, is on a rollercoaster ride. The average rent price in Romney, WV, is $1,092.00. Indeed, when looking to rent in Romney, WV, you can expect to pay as little as $570.00 or as much as $2,160.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Romney, 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.

Cheap Homes in Romney, WV


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