Welch, WV Foreclosures
How much do homes sell for in Welch, WV?
The average home price is currently $67,267.
In Welch, WV, how many homes are available?
There are currently 1 active home listings available in Welch.
What’s the average rental cost in Welch, WV?
The average rental price in Welch is $721.
What is the most expensive home in Welch?
The most expensive home sold in Welch had a price of $639,000.
What is currently the cheapest priced home in Welch, WV?
The cheapest home for sale in Welch is priced at $10,017.
Living in Welch, WV
Welch, West Virginia, is a quaint city nestled in the Appalachian Mountains, known for its community spirit and scenic beauty. With convenient local amenities and access to outdoor activities, it offers a peaceful lifestyle. Families appreciate the local schools and community events that enhance the vibrant living experience.
Current Market Conditions in Welch, WV
Welch's real estate market is currently seeing a steady demand, largely due to its affordability in comparison to neighboring areas. The housing prices remain generally low, making it an attractive option for first-time buyers and investors looking for rental properties. Despite being a smaller market, the consistency in home sales suggests a stable demand for housing in the region.
There has been a subtle increase in interest from outside investors who see the potential in revitalizing certain neighborhoods and capitalizing on the beautiful landscapes surrounding Welch. This is leading to a slight upward trend in home valuations, particularly for well-maintained properties.
Home Value Estimator For Welch, WV
There are currently 826 real estate properties
in Welch, WV,
with a median automated valuation model (AVM) price
of $55,500.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Welch, 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 Welch, WV,
is $67,267.00, with the most expensive house
in Welch, WV, topping out
at $639,000.00 and the cheapest home
in Welch, WV,
clocking in at $10,017.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Welch, WV!
Rent Prices
In Welch, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Welch, WV, is on
a rollercoaster ride. The
average rent price in Welch, WV,
is $721.00. Indeed, when looking to rent in
Welch, WV, you can expect to pay as little
as $440.00 or as much
as $1,280.00,
with the average rent median estimated to
be $720.00. The good news is that finding
an affordable and desirable property to rent in Welch, 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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