Living in Sumerco, WV
Sumerco, West Virginia, is a picturesque small town offering a tranquil lifestyle with stunning natural surroundings. Residents enjoy close-knit community vibes, local shops, and seasonal events. Ideal for families and outdoor lovers alike, Sumerco provides easy access to hiking trails and recreational activities.
Current Market Conditions in Sumerco, WV
The real estate market in Sumerco remains stable, with a gradual increase in property values over the last few years. Home buyers are drawn to this area for its serene environment and affordability compared to more urban locales. The demand for single-family homes is noticeable, indicating a potential for appreciation in home values as more people discover the charm of Sumerco.
Sumerco's real estate market is characterized by competitive pricing, particularly for homes that include larger lots or significant acreage, which appeals to families and retirees alike. The area's unique appeal is contributing to growing interest, particularly among those fleeing urban settings.
Home Value Estimator For Sumerco, WV
There are currently 61 real estate properties
in Sumerco, WV,
with a median automated valuation model (AVM) price
of $158,480.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sumerco, 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 Sumerco, WV,
is $197,235.00, with the most expensive house
in Sumerco, WV, topping out
at $616,615.00 and the cheapest home
in Sumerco, WV,
clocking in at $60,313.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sumerco, WV!
Rent Prices
In Sumerco, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sumerco, WV, is on
a rollercoaster ride. The
average rent price in Sumerco, WV,
is $903.00. Indeed, when looking to rent in
Sumerco, WV, you can expect to pay as little
as $630.00 or as much
as $1,680.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Sumerco, 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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