Sugar Grove, VA Foreclosures
How much do homes sell for in Sugar Grove, VA?
The average home price is currently $165,771.
In Sugar Grove, VA, how many homes are available?
There are currently 1 active home listings available in Sugar Grove.
What’s the average rental cost in Sugar Grove, VA?
The average rental price in Sugar Grove is $844.
What is the most expensive home in Sugar Grove?
The most expensive home sold in Sugar Grove had a price of $1,834,867.
What is currently the cheapest priced home in Sugar Grove, VA?
The cheapest home for sale in Sugar Grove is priced at $10,000.
Living in Sugar Grove, VA
Sugar Grove, Virginia is a peaceful mountain town known for its friendly community and outdoor recreational opportunities. Surrounded by nature, it offers a variety of activities for residents and visitors alike. With essential amenities and a quaint atmosphere, Sugar Grove is an ideal place for families and retirees.
Current Market Conditions in Sugar Grove, VA
The current real estate market in Sugar Grove, VA, is characterized by a steady demand for residential properties, with an influx of new buyers attracted to the natural beauty and peaceful lifestyle the area offers. There is a mix of home styles ranging from historic houses to new constructions, catering to a wide audience including families and retirees.
Recently, there has been a notable increase in home values due to the limited inventory and growing interest from buyers looking for second homes or retirement properties. The low-interest rates over the past year have further incentivized homeowners to purchase, supporting an active market.
Home Value Estimator For Sugar Grove, VA
There are currently 625 real estate properties
in Sugar Grove, VA,
with a median automated valuation model (AVM) price
of $147,313.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sugar Grove, VA, 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 Sugar Grove, VA,
is $165,771.00, with the most expensive house
in Sugar Grove, VA, topping out
at $1,834,867.00 and the cheapest home
in Sugar Grove, VA,
clocking in at $10,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sugar Grove, VA!
Rent Prices
In Sugar Grove, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sugar Grove, VA, is on
a rollercoaster ride. The
average rent price in Sugar Grove, VA,
is $844.00. Indeed, when looking to rent in
Sugar Grove, VA, you can expect to pay as little
as $470.00 or as much
as $2,140.00,
with the average rent median estimated to
be $820.00. The good news is that finding
an affordable and desirable property to rent in Sugar Grove, VA
-- 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.
Learn more on Foreclosure homes
