Springfield, WV Foreclosures
How much do homes sell for in Springfield, WV?
The average home price is currently $248,639.
In Springfield, WV, how many homes are available?
There are currently 5 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 $31,645.
Living in Springfield, WV
Springfield, WV is a cozy rural town nestled in the picturesque Hampshire County. With its friendly community, rich history, and abundant outdoor activities, Springfield offers a unique blend of tranquility and small-town charm. Ideal for families and nature lovers alike, this location encapsulates the essence of West Virginia living.
Current Market Conditions in Springfield, WV
The Springfield real estate market has shown steady growth over the past year, with an increase in demand for single-family homes. The rural appeal, combined with the area’s affordability, has attracted both first-time homebuyers and retirees looking for a peaceful retreat.
As of now, the market is characterized by a limited inventory, which is keeping prices relatively stable. The lack of new development means competition for available properties is quite high, which could lead to increased prices in the near future.
Home Value Estimator For Springfield, WV
There are currently 243 real estate properties
in Springfield, WV,
with a median automated valuation model (AVM) price
of $226,932.00. 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 $248,639.00, with the most expensive house
in Springfield, WV, topping out
at $963,814.00 and the cheapest home
in Springfield, WV,
clocking in at $31,645.00. 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
