Yellow Spring, WV Foreclosures
How much do homes sell for in Yellow Spring, WV?
The average home price is currently $378,180.
What’s the average rental cost in Yellow Spring, WV?
The average rental price in Yellow Spring is $1,262.
What is the most expensive home in Yellow Spring?
The most expensive home sold in Yellow Spring had a price of $3,057,163.
What is currently the cheapest priced home in Yellow Spring, WV?
The cheapest home for sale in Yellow Spring is priced at $24,709.
Living in Yellow Spring, WV
Yellow Spring, WV is a small, peaceful community offering a serene lifestyle surrounded by nature. Known for its outdoor activities and friendly ambiance, the area features local amenities that cater to the needs of residents. Whether you're looking for a family home or a quiet getaway, Yellow Spring provides a perfect setting.
Current Market Conditions in Yellow Spring, WV
The real estate market in Yellow Spring has seen a steady demand with a slight increase in home prices due to the area's growing popularity among those looking for a retreat from the busier urban centers. Buyers appreciate the affordable housing options available, which range from cozy cottages to larger family homes.
Inventory levels are stabilizing, and while new listings are still coming on the market, homes are selling relatively quickly, which indicates a competitive environment. However, compared to larger markets, Yellow Spring tends to offer excellent value for buyers.
There is a noticeable trend of younger families and retirees moving into the area, contributing to an evolving community dynamic. This influx has also sparked interest in local businesses and services, further enhancing the livability of the region.
Home Value Estimator For Yellow Spring, WV
There are currently 206 real estate properties
in Yellow Spring, WV,
with a median automated valuation model (AVM) price
of $317,796.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Yellow Spring, 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 Yellow Spring, WV,
is $378,180.00, with the most expensive house
in Yellow Spring, WV, topping out
at $3,057,163.00 and the cheapest home
in Yellow Spring, WV,
clocking in at $24,709.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Yellow Spring, WV!
Rent Prices
In Yellow Spring, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Yellow Spring, WV, is on
a rollercoaster ride. The
average rent price in Yellow Spring, WV,
is $1,262.00. Indeed, when looking to rent in
Yellow Spring, WV, you can expect to pay as little
as $800.00 or as much
as $1,740.00,
with the average rent median estimated to
be $1,240.00. The good news is that finding
an affordable and desirable property to rent in Yellow Spring, 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
