Speedwell, VA Foreclosures
How much do homes sell for in Speedwell, VA?
The average home price is currently $187,718.
In Speedwell, VA, how many homes are available?
There are currently 51 active home listings available in Speedwell.
What’s the average rental cost in Speedwell, VA?
The average rental price in Speedwell is $972.
What is the most expensive home in Speedwell?
The most expensive home sold in Speedwell had a price of $1,480,524.
What is currently the cheapest priced home in Speedwell, VA?
The cheapest home for sale in Speedwell is priced at $12,700.
Living in Speedwell, VA
Speedwell, Virginia is a quaint, small community that offers a peaceful and rural lifestyle. Nestled in the Appalachian Mountains, this area is known for its natural beauty and outdoor recreational opportunities. Residents enjoy a close-knit community atmosphere with easy access to nearby amenities and larger towns for shopping and services.
Current Market Conditions in Speedwell, VA
The real estate market in Speedwell, VA is currently stable, with modest growth in property values over the past year. Housing options vary from charming single-family homes to larger country estates, attracting those looking for a peaceful retreat away from the hustle and bustle of city life.
There has been an increase in interest for properties in rural Virginia, driven by buyers seeking more affordable options compared to urban centers. The pace of home sales has seen a slight uptick, and the available inventory is beginning to dwindle as buyers recognize the value of living in a serene, nature-oriented environment.
Home Value Estimator For Speedwell, VA
There are currently 254 real estate properties
in Speedwell, VA,
with a median automated valuation model (AVM) price
of $142,747.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Speedwell, 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 Speedwell, VA,
is $187,718.00, with the most expensive house
in Speedwell, VA, topping out
at $1,480,524.00 and the cheapest home
in Speedwell, VA,
clocking in at $12,700.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Speedwell, VA!
Rent Prices
In Speedwell, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Speedwell, VA, is on
a rollercoaster ride. The
average rent price in Speedwell, VA,
is $972.00. Indeed, when looking to rent in
Speedwell, VA, you can expect to pay as little
as $460.00 or as much
as $2,440.00,
with the average rent median estimated to
be $910.00. The good news is that finding
an affordable and desirable property to rent in Speedwell, 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
