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Single-family Foreclosures in Summit Point, WV

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Summit Point, WV Foreclosures

How much do homes sell for in Summit Point, WV?
The average home price is currently $453,446.
In Summit Point, WV, how many homes are available?
There are currently 1 active home listings available in Summit Point.
What’s the average rental cost in Summit Point, WV?
The average rental price in Summit Point is $1,497.
What is the most expensive home in Summit Point?
The most expensive home sold in Summit Point had a price of $1,303,826.
What is currently the cheapest priced home in Summit Point, WV?
The cheapest home for sale in Summit Point is priced at $48,572.

Living in Summit Point, WV

Summit Point, WV, is a picturesque small town that combines a peaceful rural atmosphere with easy access to nearby urban centers. It's ideal for families and outdoor lovers alike, featuring ample recreational opportunities and a strong sense of community. The town benefits from good schools and a variety of amenities in the surrounding areas.

Current Market Conditions in Summit Point, WV

The real estate market in Summit Point has shown steady growth as more individuals seek refuge from urban living in favor of the charm and tranquility of rural areas. Homes tend to sell quickly, especially those that are well-maintained or modernized, due to the growing demand from buyers looking for larger spaces and natural surroundings.

Recent statistics indicate that home prices have increased by approximately 8% over the last year, reflecting the overall trend of upward movement in rural markets as remote work becomes more common and people prioritize homes with ample outdoor space.

Home Value Estimator For Summit Point, WV

There are currently 376 real estate properties in Summit Point, WV, with a median automated valuation model (AVM) price of $462,273.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Summit Point, 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 Summit Point, WV, is $453,446.00, with the most expensive house in Summit Point, WV, topping out at $1,303,826.00 and the cheapest home in Summit Point, WV, clocking in at $48,572.00. In other words, there’s something for every potential homebuyer or savvy investor in Summit Point, WV!

Rent Prices In Summit Point, WV

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Summit Point, WV, is on a rollercoaster ride. The average rent price in Summit Point, WV, is $1,497.00. Indeed, when looking to rent in Summit Point, WV, you can expect to pay as little as $680.00 or as much as $2,950.00, with the average rent median estimated to be $1,490.00. The good news is that finding an affordable and desirable property to rent in Summit Point, 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.

Summit Point, WV Single-family Homes


Market Trend for Summit Point, WV

Total Listings Available: 1

Market Values:

Home Prices from $48,572 to $1,303,826

Average Sales Price: $453,446

Rental Values:

Rental from $680 to $2,950

Average Rent Value: $1,497 / month

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