There are currently 317 real estate properties in Alum Creek, WV, with a median automated valuation model (AVM) price of $160,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alum Creek, 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 Alum Creek, WV, is $171,932.00, with the most expensive house in Alum Creek, WV, topping out at $487,100.00 and the cheapest home in Alum Creek, WV, clocking in at $43,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Alum Creek, WV!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alum Creek, WV, is on a rollercoaster ride. The average rent price in Alum Creek, WV, is $1,094.00. Indeed, when looking to rent in Alum Creek, WV, you can expect to pay as little as $580.00 or as much as $1,980.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Alum Creek, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Alum Creek, WV area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Alum Creek, WV and much more. Save thousands at closing with home foreclosure listings in Alum Creek, WV — up to 75% off market value!
Alum Creek is located in Lincoln, West Virginia, with an estimated municipal population of 1,805 residents. All of the best foreclosed homes for sale in Alum Creek are located in the following zip code areas on Foreclosure.com: 25003. The estimated population per square kilometer (.62 miles) in Alum Creek is 68.
So, about how much do homes cost in Alum Creek? The most recent median value of resident-owned homes in Alum Creek is 144,708. An estimated 88.9 percent of households in Alum Creek own their homes, with an average family size of 2.68. The median household income in Alum Creek is 57,857, with26.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Alum Creek, the median commute time of resident workers (in minutes) is 31.5.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Alum Creek, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Alum Creek is 41.8, split between 46.6 percent male versus 53.4 female. The percentage of residents who report being married in Alum Creek is 67, with an average family size of 2.68.
The percentage of residents who report their race in Alum Creek is as follows:
|Black / African American||0%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Alum Creek? Or maybe you are searching for 55+ active adult communities in and/or near Alum Creek?
The percentage of residents who report their age in Alum Creek is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Alum Creek with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Alum Creek.
How do you know that living in -- or moving to -- Alum Creek is right where you need to be? Perhaps you grew up in Alum Creek or already live nearby; therefore, the decision to buy a home in Alum Creek is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Alum Creek for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Alum Creek:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Alum Creek.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Alum Creek can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Alum Creek, meanwhile, can field multiple offers from more qualified buyers.