Romney, WV Foreclosures
Current Market Conditions in in Romney, WV As of February 2026?
Over the past month, the Romney real estate market has experienced a slight uptick in sales activity. Home prices have stabilized, with average sale prices reflecting a 3% increase compared to the prior month. The demand continues to outweigh supply as new listings become available, with buyers acting quickly to secure properties. An increase in inquiries and showings has been noted, especially for homes in prime locations near schools and parks, confirming recent trends of migration to small towns like Romney.
How much do homes sell for in Romney, WV?
The average home price is currently $253,373.
In Romney, WV, how many homes are available?
There are currently 4 active home listings available in Romney.
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 $20,449.
Living in Romney, WV
Romney, the county seat of Hampshire County, offers a blend of scenic beauty and rich history. Nestled in the Potomac Highlands, this charming small town is known for its hospitality and strong community spirit. Residents enjoy access to outdoor activities and a relaxed pace of life.
Buyer vs Seller Market in Romney, WV
The real estate market in Romney, WV, has shown signs of stability over the past few months, with a modest increase in home prices and interest from potential buyers. The overall market remains competitive, especially for single-family homes, as families look to relocate to this picturesque town. Due to long-standing affordability compared to nearby metropolitan areas, Romney attracts buyers looking for a quieter lifestyle without sacrificing access to essential amenities.
Currently, the inventory of homes for sale is relatively low, causing some upward pressure on prices. Many homes are staying on the market for less time than in previous years, indicating a healthy level of buyer interest. Real estate professionals expect that if this trend continues, new construction may arise to meet demand.
Home Value Estimator For Romney, WV
There are currently 2,233 real estate properties
in Romney, WV,
with a median automated valuation model (AVM) price
of $219,068.00. 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 $253,373.00, 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 $20,449.00. 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.
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