Springfield, WV Foreclosures
How much do homes sell for in Springfield, WV?
The average home price is currently $250,144.
In Springfield, WV, how many homes are available?
There are currently 1 active home listings available in Springfield.
What’s the average rental cost in Springfield, WV?
The average rental price in Springfield is $1,150.
What is the most expensive home in Springfield?
The most expensive home sold in Springfield had a price of $963,814.
What is currently the cheapest priced home in Springfield, WV?
The cheapest home for sale in Springfield is priced at $31,880.
Living in Springfield, WV
Springfield, located in West Virginia, is a small town characterized by its beautiful landscapes and friendly community. Known for its proximity to outdoor adventures, Springfield offers residents and visitors easy access to various recreational activities. The town features a blend of serene rural living with close-knit neighborhoods, making it an ideal place for families seeking a peaceful lifestyle.
Current Market Conditions in Springfield, WV
The real estate market in Springfield is currently stable, characterized by a modest increase in home values over the past year. The demand for single-family homes, especially those with land, has seen a gentle rise due to the area's appeal as a rural retreat.
Investors are particularly interested in properties that offer potential for rental income, given the town's scenic allure combined with its accessibility to neighboring towns.
Overall, the market appears to be a seller's market, with inventory levels remaining low against consistent buyer interest.
Home Value Estimator For Springfield, WV
There are currently 242 real estate properties
in Springfield, WV,
with a median automated valuation model (AVM) price
of $229,623.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Springfield, 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 Springfield, WV,
is $250,144.00, with the most expensive house
in Springfield, WV, topping out
at $963,814.00 and the cheapest home
in Springfield, WV,
clocking in at $31,880.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Springfield, WV!
Rent Prices
In Springfield, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Springfield, WV, is on
a rollercoaster ride. The
average rent price in Springfield, WV,
is $1,150.00. Indeed, when looking to rent in
Springfield, WV, you can expect to pay as little
as $590.00 or as much
as $1,840.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Springfield, 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.
Learn more on Foreclosure homes
