Rent To Own Homes in Philippi, WV

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Home Value Estimator For Philippi, WV

There are currently 1,381 real estate properties in Philippi, WV, with a median automated valuation model (AVM) price of $128,292.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Philippi, 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 Philippi, WV, is $143,888.00, with the most expensive house in Philippi, WV, topping out at $923,116.00 and the cheapest home in Philippi, WV, clocking in at $17,360.00. In other words, there’s something for every potential homebuyer or savvy investor in Philippi, WV!

Rent Prices In Philippi, WV

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Philippi, WV, is on a rollercoaster ride. The average rent price in Philippi, WV, is $938.00. Indeed, when looking to rent in Philippi, WV, you can expect to pay as little as $480.00 or as much as $1,960.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Philippi, 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.

Top Reasons To Live In Philippi, WV In 2024

Philippi is located in Barbour, West Virginia, with an estimated municipal population of 3,257 residents. All of the best foreclosed homes for sale in Philippi are located in the following zip code areas on 26416. The estimated population per square kilometer (.62 miles) in Philippi is 444.

Cost Of Living In Philippi, WV

So, about how much do homes cost in Philippi? The most recent median value of resident-owned homes in Philippi is 101,607. An estimated 52.8 percent of households in Philippi own their homes, with an average family size of 2.95. The median household income in Philippi is 30,966, with13.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Philippi, the median commute time of resident workers (in minutes) is 22.5. And last, but certainly not least, are you looking for homes to rent in Philippi? If so, the average rent price paid by renters in Philippi is 552, according to recent statistics.

Diversity And Demographics In Philippi, West Virginia

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 Philippi, 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 Philippi is 36.7, split between 47.4 percent male versus 52.6 female. The percentage of residents who report being married in Philippi is 40.7, with an average family size of 2.95.

The percentage of residents who report their race in Philippi is as follows:

White 89.4%
Black / African American 4%
Asian 1.2%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.1%
Other 0.4%

Looking for family-friendly neighborhoods in and/or near Philippi? Or maybe you are searching for 55+ active adult communities in and/or near Philippi?

The percentage of residents who report their age in Philippi is as follows:

Under 10 9.8%
Aged 10-19 19%
20s 13.8%
30s 10.2%
40s 7.8%
50s 14.5%
60s 13.7%
70s 6.7%
80+ 4.6%

Best Schools In Philippi, West Virginia

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 Philippi with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Philippi.

Pros And Cons Of Living In Philippi, West Virginia

How do you know that living in -- or moving to -- Philippi is right where you need to be? Perhaps you grew up in Philippi or already live nearby; therefore, the decision to buy a home in Philippi is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Philippi 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 Philippi:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Philippi.

Reasons To Move To Philippi, West Virginia, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Philippi can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Philippi, meanwhile, can field multiple offers from more qualified buyers.

Philippi, WV Rent To Own Homes


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