Cleveland, VA Foreclosures
How much do homes sell for in Cleveland, VA?
The average home price is currently $149,264.
What’s the average rental cost in Cleveland, VA?
The average rental price in Cleveland is $875.
What is the most expensive home in Cleveland?
The most expensive home sold in Cleveland had a price of $933,100.
What is currently the cheapest priced home in Cleveland, VA?
The cheapest home for sale in Cleveland is priced at $11,642.
Living in Cleveland, VA
Cleveland, Virginia is a quaint town with a welcoming community vibe, providing residents with a peaceful lifestyle among the Appalachian Mountains. It's well-known for its outdoor activities and local traditions that enrich the living experience. Ideal for those seeking a slower-paced life surrounded by nature and history.
Current Market Conditions in Cleveland, VA
The real estate market in Cleveland, VA is currently experiencing a steady increase in demand, particularly for single-family homes as more people seek out rural living options. Home buyers are drawn to the affordability compared to larger cities, which keeps the market vibrant.
There is a noticeable trend towards buying larger homes with outdoor space as families and remote workers look for more room to accommodate their lifestyle changes brought about by the pandemic. As a result, there are fewer homes available for sale, which is driving up prices.
Home Value Estimator For Cleveland, VA
There are currently 591 real estate properties
in Cleveland, VA,
with a median automated valuation model (AVM) price
of $125,493.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cleveland, 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 Cleveland, VA,
is $149,264.00, with the most expensive house
in Cleveland, VA, topping out
at $933,100.00 and the cheapest home
in Cleveland, VA,
clocking in at $11,642.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cleveland, VA!
Rent Prices
In Cleveland, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cleveland, VA, is on
a rollercoaster ride. The
average rent price in Cleveland, VA,
is $875.00. Indeed, when looking to rent in
Cleveland, VA, you can expect to pay as little
as $720.00 or as much
as $990.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Cleveland, 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
