Scarbro, WV Foreclosures
How much do homes sell for in Scarbro, WV?
The average home price is currently $109,365.
What’s the average rental cost in Scarbro, WV?
The average rental price in Scarbro is $812.
What is the most expensive home in Scarbro?
The most expensive home sold in Scarbro had a price of $554,916.
What is currently the cheapest priced home in Scarbro, WV?
The cheapest home for sale in Scarbro is priced at $33,000.
Living in Scarbro, WV
Scarbro is a serene community nestled in the hills of West Virginia, offering a peaceful lifestyle surrounded by nature. The area is known for its friendly atmosphere, promoting a close-knit community feel among residents. With convenient access to outdoor activities and local amenities, Scarbro provides a perfect blend of rural tranquility and essential services.
Current Market Conditions in Scarbro, WV
The real estate market in Scarbro, WV, has shown steady interest with an uptick in property values over the past year, driven by the area's appeal as both a residential haven and a vacation destination. With the recent rise in remote work, more individuals are looking to escape city life, thus increasing demand for homes in more rural areas like Scarbro. Listings tend to have longer visibility due to the unique charm and surrounding nature, attracting buyers who value lifestyle and landscape in their purchasing decisions.
In recent months, there has been a cautious increase in home sales, with properties being snapped up as soon as they hit the market. This trend indicates a strong market for sellers, particularly those with well-maintained homes or unique properties. However, the market also showcases a variety of price points, giving potential buyers options within their budget.
Home Value Estimator For Scarbro, WV
There are currently 618 real estate properties
in Scarbro, WV,
with a median automated valuation model (AVM) price
of $89,237.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Scarbro, 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 Scarbro, WV,
is $109,365.00, with the most expensive house
in Scarbro, WV, topping out
at $554,916.00 and the cheapest home
in Scarbro, WV,
clocking in at $33,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Scarbro, WV!
Rent Prices
In Scarbro, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Scarbro, WV, is on
a rollercoaster ride. The
average rent price in Scarbro, WV,
is $812.00. Indeed, when looking to rent in
Scarbro, WV, you can expect to pay as little
as $520.00 or as much
as $1,600.00,
with the average rent median estimated to
be $770.00. The good news is that finding
an affordable and desirable property to rent in Scarbro, 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.