Tornado, WV Foreclosures
How much do homes sell for in Tornado, WV?
The average home price is currently $165,260.
In Tornado, WV, how many homes are available?
There are currently 1 active home listings available in Tornado.
What’s the average rental cost in Tornado, WV?
The average rental price in Tornado is $986.
What is the most expensive home in Tornado?
The most expensive home sold in Tornado had a price of $528,015.
What is currently the cheapest priced home in Tornado, WV?
The cheapest home for sale in Tornado is priced at $15,000.
Living in Tornado, WV
Tornado, West Virginia is a small rural community that offers a peaceful lifestyle amidst beautiful natural surroundings. It features a friendly atmosphere, ideal for families and retirees. Conveniently located near larger towns, Tornado provides residents with access to essential amenities and recreational activities, making it an appealing place to live.
Current Market Conditions in Tornado, WV
The current real estate market in Tornado, WV shows steady demand in the residential sector, primarily driven by families and retirees seeking a tranquil living environment. Home prices have remained relatively stable, with modest increases observed due to the community's appeal and limited inventory.
In recent months, Tornado has seen a gradual uptick in home sales, largely attributed to the influx of buyers looking for properties in more rural settings as urban areas become increasingly crowded. This trend emphasizes the desirability of Tornado as a peaceful alternative for new residents.
Home Value Estimator For Tornado, WV
There are currently 507 real estate properties
in Tornado, WV,
with a median automated valuation model (AVM) price
of $156,018.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Tornado, 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 Tornado, WV,
is $165,260.00, with the most expensive house
in Tornado, WV, topping out
at $528,015.00 and the cheapest home
in Tornado, WV,
clocking in at $15,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Tornado, WV!
Rent Prices
In Tornado, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Tornado, WV, is on
a rollercoaster ride. The
average rent price in Tornado, WV,
is $986.00. Indeed, when looking to rent in
Tornado, WV, you can expect to pay as little
as $570.00 or as much
as $1,620.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Tornado, 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
