Thomas, WV Foreclosures
How much do homes sell for in Thomas, WV?
The average home price is currently $216,673.
What’s the average rental cost in Thomas, WV?
The average rental price in Thomas is $954.
What is the most expensive home in Thomas?
The most expensive home sold in Thomas had a price of $524,557.
What is currently the cheapest priced home in Thomas, WV?
The cheapest home for sale in Thomas is priced at $56,620.
Living in Thomas, WV
Thomas, WV is a picturesque town nestled in the Allegheny Mountains, known for its rich history, vibrant arts scene, and outdoor activities. The local community is friendly and welcoming, providing an ideal environment for families and individuals seeking a relaxed lifestyle. Surrounded by nature, residents enjoy easy access to parks and recreational opportunities while being close enough to larger towns for shopping and entertainment.
Current Market Conditions in Thomas, WV
The real estate market in Thomas, WV, has shown steady growth over the past few years, attracting both new residents and investors. The demand for charming historic homes and cabins in the area is rising, particularly among those looking for vacation homes or quiet retreats away from the hustle and bustle of larger cities.
As more people discover the beauty and tranquility of Thomas, the market is seeing a gradual increase in home values, particularly for properties with direct access to outdoor activities. Homebuyers are increasingly drawn to the area's mix of affordability and natural beauty.
Home Value Estimator For Thomas, WV
There are currently 31 real estate properties
in Thomas, WV,
with a median automated valuation model (AVM) price
of $193,123.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Thomas, 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 Thomas, WV,
is $216,673.00, with the most expensive house
in Thomas, WV, topping out
at $524,557.00 and the cheapest home
in Thomas, WV,
clocking in at $56,620.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Thomas, WV!
Rent Prices
In Thomas, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Thomas, WV, is on
a rollercoaster ride. The
average rent price in Thomas, WV,
is $954.00. Indeed, when looking to rent in
Thomas, WV, you can expect to pay as little
as $740.00 or as much
as $1,320.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Thomas, 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.