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Foreclosure Homes in Spencer, WV

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Spencer, WV Foreclosures

How much do homes sell for in Spencer, WV?
The average home price is currently $131,395.
In Spencer, WV, how many homes are available?
There are currently 5 active home listings available in Spencer.
What’s the average rental cost in Spencer, WV?
The average rental price in Spencer is $897.
What is the most expensive home in Spencer?
The most expensive home sold in Spencer had a price of $1,023,394.
What is currently the cheapest priced home in Spencer, WV?
The cheapest home for sale in Spencer is priced at $6,264.

Living in Spencer, WV

Spencer is a charming small town in West Virginia known for its picturesque scenery and strong sense of community. With various local amenities, supportive educational institutions, and numerous outdoor activities, Spencer is an excellent place for families and individuals seeking a peaceful lifestyle with access to nature.

Current Market Conditions in Spencer, WV

The real estate market in Spencer has shown signs of growth recently, with an increasing number of homes being sold. The average home price has appreciated, reflecting the demand for housing in the area as more people seek the serenity of small-town living.

Currently, homes in Spencer are spending less time on the market than in previous years, indicating a competitive real estate landscape. Buyers are actively looking for properties, particularly those that offer single-family homes with spacious yards.

Home Value Estimator For Spencer, WV

There are currently 2,098 real estate properties in Spencer, WV, with a median automated valuation model (AVM) price of $111,997.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Spencer, 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 Spencer, WV, is $131,395.00, with the most expensive house in Spencer, WV, topping out at $1,023,394.00 and the cheapest home in Spencer, WV, clocking in at $6,264.00. In other words, there’s something for every potential homebuyer or savvy investor in Spencer, WV!

Rent Prices In Spencer, WV

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Spencer, WV, is on a rollercoaster ride. The average rent price in Spencer, WV, is $897.00. Indeed, when looking to rent in Spencer, WV, you can expect to pay as little as $430.00 or as much as $1,840.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in Spencer, 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.

Spencer, WV Foreclosures


Market Trend for Spencer, WV

Total Listings Available: 5

Market Values:

Home Prices from $6,264 to $1,023,394

Average Sales Price: $131,395

Rental Values:

Rental from $430 to $1,840

Average Rent Value: $897 / month

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