Springfield, WV Foreclosures
Current Market Conditions in in Springfield, WV As of February 2026?
Over the past month, Springfield has experienced a slight uptick in real estate activity, fueled by increased interest from remote workers seeking a quieter place to live. Listings have seen a modest increase in viewership, leading to several properties receiving multiple offers, particularly those that showcase the region's outdoor amenities.
How much do homes sell for in Springfield, WV?
The average home price is currently $264,792.
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 $980,578.
What is currently the cheapest priced home in Springfield, WV?
The cheapest home for sale in Springfield is priced at $16,204.
Living in Springfield, WV
Springfield, WV offers a quaint, rural lifestyle surrounded by the natural beauty of the West Virginia hills. With a small community feel and access to outdoor activities, it’s an ideal place for those looking to escape the hustle and bustle of city life. Residents enjoy local shops, a friendly atmosphere, and a variety of recreational opportunities.
Buyer vs Seller Market in Springfield, WV
The real estate market in Springfield, WV remains stable, with a mix of affordable housing options and some higher-end properties. It is considered a buyer's market, offering opportunities for families and individuals looking to settle down in a serene environment.
In recent months, there has been an increase in interest from out-of-state buyers, particularly those seeking second homes or investment properties due to the affordability and natural beauty the area offers.
Home Value Estimator For Springfield, WV
There are currently 557 real estate properties
in Springfield, WV,
with a median automated valuation model (AVM) price
of $238,347.00. 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 $264,792.00, with the most expensive house
in Springfield, WV, topping out
at $980,578.00 and the cheapest home
in Springfield, WV,
clocking in at $16,204.00. 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.
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