Living in Smithfield, WV
Smithfield, West Virginia is a charming small town nestled in the heart of scenic rural landscapes. Known for its friendly community and historic charm, this area offers a peaceful lifestyle with easy access to nature trails and outdoor activities. Residents enjoy a relaxed pace of life while being part of an inviting neighborhood, making it an ideal place for families and retirees alike.
Current Market Conditions in Smithfield, WV
Currently, the real estate market in Smithfield is stable, with a steady demand for homes. Prices have remained relatively consistent over the past year, with a slight increase due to ongoing interest from buyers looking for peaceful living outside urban areas.
There is a growing trend of families looking to relocate from nearby larger cities, contributing to the demand for residential properties. The charming nature of the town and its amenities make it an attractive option for those seeking a balance between rural lifestyle and accessibility.
Home Value Estimator For Smithfield, WV
There are currently 50 real estate properties
in Smithfield, WV,
with a median automated valuation model (AVM) price
of $88,135.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Smithfield, 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 Smithfield, WV,
is $122,154.00, with the most expensive house
in Smithfield, WV, topping out
at $403,839.00 and the cheapest home
in Smithfield, WV,
clocking in at $41,228.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Smithfield, WV!
Rent Prices
In Smithfield, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Smithfield, WV, is on
a rollercoaster ride. The
average rent price in Smithfield, WV,
is $914.00. Indeed, when looking to rent in
Smithfield, WV, you can expect to pay as little
as $720.00 or as much
as $1,120.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Smithfield, 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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