There are currently 1,257 real estate properties in Romney, WV, with a median automated valuation model (AVM) price of $197,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Romney, 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 Romney, WV, is $223,314.00, with the most expensive house in Romney, WV, topping out at $941,700.00 and the cheapest home in Romney, WV, clocking in at $39,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Romney, WV!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Romney, WV, is on a rollercoaster ride. The average rent price in Romney, WV, is $1,096.00. Indeed, when looking to rent in Romney, WV, you can expect to pay as little as $620.00 or as much as $2,130.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Romney, 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 Romney, WV area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Romney, WV and much more. Save thousands at closing with home foreclosure listings in Romney, WV — up to 75% off market value!
Romney is located in Hampshire, West Virginia, with an estimated municipal population of 1,695 residents. All of the best foreclosed homes for sale in Romney are located in the following zip code areas on Foreclosure.com: 26757. The estimated population per square kilometer (.62 miles) in Romney is 681.
So, about how much do homes cost in Romney? The most recent median value of resident-owned homes in Romney is 118,088. An estimated 54.6 percent of households in Romney own their homes, with an average family size of 2.98. The median household income in Romney is 33,675, with11 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Romney, the median commute time of resident workers (in minutes) is 22.6. And last, but certainly not least, are you looking for homes to rent in Romney? If so, the average rent price paid by renters in Romney is 527, according to recent statistics.
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 Romney, 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 Romney is 46, split between 43.2 percent male versus 56.8 female. The percentage of residents who report being married in Romney is 32.6, with an average family size of 2.98.
The percentage of residents who report their race in Romney is as follows:
|Black / African American||2.3%|
|American Indian / Alaskan Native||0.2%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Romney? Or maybe you are searching for 55+ active adult communities in and/or near Romney?
The percentage of residents who report their age in Romney 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 Romney with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Romney.
How do you know that living in -- or moving to -- Romney is right where you need to be? Perhaps you grew up in Romney or already live nearby; therefore, the decision to buy a home in Romney is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Romney 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 Romney:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Romney.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Romney can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Romney, meanwhile, can field multiple offers from more qualified buyers.
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