There are currently 1,282 real estate properties in Shady Spring, WV, with a median automated valuation model (AVM) price of $176,518.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shady 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 Shady Spring, WV, is $199,736.00, with the most expensive house in Shady Spring, WV, topping out at $1,798,300.00 and the cheapest home in Shady Spring, WV, clocking in at $33,726.00. In other words, there’s something for every potential homebuyer or savvy investor in Shady Spring, WV!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shady Spring, WV, is on a rollercoaster ride. The average rent price in Shady Spring, WV, is $1,300.00. Indeed, when looking to rent in Shady Spring, WV, you can expect to pay as little as $710.00 or as much as $2,130.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Shady 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.
Shady Spring is located in Raleigh, West Virginia, with an estimated municipal population of 3,366 residents. All of the best foreclosed homes for sale in Shady Spring are located in the following zip code areas on Foreclosure.com: 25832 25918 25989. The estimated population per square kilometer (.62 miles) in Shady Spring is 213.
So, about how much do homes cost in Shady Spring? The most recent median value of resident-owned homes in Shady Spring is 155,020. An estimated 83.2 percent of households in Shady Spring own their homes, with an average family size of 2.92. The median household income in Shady Spring is 56,316, with27.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Shady Spring, the median commute time of resident workers (in minutes) is 28.5. And last, but certainly not least, are you looking for homes to rent in Shady Spring? If so, the average rent price paid by renters in Shady Spring is 749, 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 Shady Spring, 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 Shady Spring is 41.5, split between 50.6 percent male versus 49.4 female. The percentage of residents who report being married in Shady Spring is 56.7, with an average family size of 2.92.
The percentage of residents who report their race in Shady Spring is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near Shady Spring? Or maybe you are searching for 55+ active adult communities in and/or near Shady Spring?
The percentage of residents who report their age in Shady Spring 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 Shady Spring with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Shady Spring.
How do you know that living in -- or moving to -- Shady Spring is right where you need to be? Perhaps you grew up in Shady Spring or already live nearby; therefore, the decision to buy a home in Shady Spring is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Shady Spring 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 Shady Spring:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Shady Spring.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Shady Spring can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Shady Spring, meanwhile, can field multiple offers from more qualified buyers.
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