Short Sale Listings in Reedsville, WV

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9 View this home at Indian Rock Rd Reedsville WV 26547
Indian Rock Rd
Reedsville, WV 26547
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AUCTION: 04-21-2024
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Home Value Estimator For Reedsville, WV

There are currently 962 real estate properties in Reedsville, WV, with a median automated valuation model (AVM) price of $175,381.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Reedsville, 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 Reedsville, WV, is $188,362.00, with the most expensive house in Reedsville, WV, topping out at $790,931.00 and the cheapest home in Reedsville, WV, clocking in at $12,170.00. In other words, there’s something for every potential homebuyer or savvy investor in Reedsville, WV!

Rent Prices In Reedsville, WV

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Reedsville, WV, is on a rollercoaster ride. The average rent price in Reedsville, WV, is $1,116.00. Indeed, when looking to rent in Reedsville, WV, you can expect to pay as little as $440.00 or as much as $1,960.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Reedsville, 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 Reedsville, WV In 2024

Reedsville is located in Preston, West Virginia, with an estimated municipal population of 604 residents. All of the best foreclosed homes for sale in Reedsville are located in the following zip code areas on 26547. The estimated population per square kilometer (.62 miles) in Reedsville is 359.

Cost Of Living In Reedsville, WV

So, about how much do homes cost in Reedsville? The most recent median value of resident-owned homes in Reedsville is 110,383. An estimated 60.6 percent of households in Reedsville own their homes, with an average family size of 2.76. The median household income in Reedsville is 57,500, with9.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Reedsville, the median commute time of resident workers (in minutes) is 24.6. And last, but certainly not least, are you looking for homes to rent in Reedsville? If so, the average rent price paid by renters in Reedsville is 888, according to recent statistics.

Diversity And Demographics In Reedsville, 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 Reedsville, 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 Reedsville is 47.8, split between 52.4 percent male versus 47.6 female. The percentage of residents who report being married in Reedsville is 46.4, with an average family size of 2.76.

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

White 98.7%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.3%
Other 0%

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

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

Under 10 9.6%
Aged 10-19 4.9%
20s 20.5%
30s 8.2%
40s 9.6%
50s 22.2%
60s 13.5%
70s 6%
80+ 5.6%

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

Pros And Cons Of Living In Reedsville, West Virginia

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

  • 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 Reedsville.

Reasons To Move To Reedsville, 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 Reedsville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Reedsville, meanwhile, can field multiple offers from more qualified buyers.

Reedsville, WV Short Sale Listings


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