Median price for residential in as of Jul, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
12 Rainelle, WV 25962, USA apartments for sale
Rainelle
According to statistics, the population in Rainelle, WV amounts to 1,339, which shows decline -8% compared to the previous year. The median age of the city’s residents is 50. The average household income is $27,576, shifting decline 0% from the past year, and the average property value in Rainelle, WV decline -1% to $60,500 throughout the year.
| Population | 1,339 |
| Median Age | 50.2 |
| Poverty Rate | 33% |
| Household Income | $27,576 |
| Number Of Employees | 402 |
| Median Property Value | $60,500 |
Household Income
The average household income in Rainelle, WV declined from $27,583 to $27,576 in the past year. This data is an estimate based upon 608 households in Rainelle, WV . The chart below presents how household income is distributed in Rainelle, WV in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Rainelle, WV shifted from $60,900 to $60,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Rainelle, WV in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Rainelle, WV properties falls in the '$60,000 to $69,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Rainelle, WV compared to median property taxes around the country. The prevalent amount of property taxes in Rainelle, WV equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Rainelle, WV 25962, USA
Average sale in Rainelle: $68,166 (-16.4%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| Studio for sale | $59,750 | +70.7% |
| 1 bed for sale | $40,000 | N/A |
| 2 bed for sale | $140,000 | N/A |
| 3 bed for sale | $90,425 | N/A |
| 4+ bed for sale | $85,000 | +76.5% |
During Jul 2022, the average price for an apartment in/near Rainelle, WV decreased by 16.4% to $68,166.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $40,000 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $140,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $90,425. We discerned the rise of 4- and more bed apartment price. It increased by 76.5% and made it up to $85,000.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Apartments for sale | $35,000 | N/A |
| Houses for sale | $68,166 | -28.1% |
| Other for sale | $119,500 | N/A |
| Land for sale | $12,500 | N/A |
While assessing the property pricing Rainelle, WV, you can note that it remains flat with a price tag of $35,000. Price reports demonstrate that house price decreased by 28.1% this month making it up to $68,166.