Winchester, VA Foreclosures
How much do homes sell for in Winchester, VA?
The average home price is currently $455,890.
What’s the average rental cost in Winchester, VA?
The average rental price in Winchester is $1,437.
What is the most expensive home in Winchester?
The most expensive home sold in Winchester had a price of $41,133,880.
What is currently the cheapest priced home in Winchester, VA?
The cheapest home for sale in Winchester is priced at $12,382.
Living in Winchester, VA
Winchester, VA is a historic city in the scenic Shenandoah Valley, offering a charming mix of culture and outdoor activities. It features a walkable downtown with unique shops and eateries, complemented by beautiful parks and outdoor adventures. With reasonable access to major highways, Winchester serves as an ideal locale for commuters seeking a balance of small-town warmth and metropolitan amenities.
Current Market Conditions in Winchester, VA
The real estate market in Winchester, VA, has been experiencing steady growth over the past year, fueled by increased demand from both local buyers and those relocating from nearby urban areas. The city has seen significant interest in single-family homes, particularly with families looking for more space and a convenient lifestyle away from the hustle and bustle of larger cities. It remains a seller's market, with properties often receiving multiple offers and selling quickly, especially those that are well-maintained and priced competitively.
Recent trends indicate a continued upward trajectory in real estate prices, largely attributed to constrained inventory levels and a robust local economy that is attracting new residents. As Winchester's popularity rises, developers are also starting to invest more in new housing projects, catering to diverse buyer needs including first-time homebuyers, families, and retirees.
Home Value Estimator For Winchester, VA
There are currently 25,241 real estate properties
in Winchester, VA,
with a median automated valuation model (AVM) price
of $382,050.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Winchester, 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 Winchester, VA,
is $455,890.00, with the most expensive house
in Winchester, VA, topping out
at $41,133,880.00 and the cheapest home
in Winchester, VA,
clocking in at $12,382.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Winchester, VA!
Rent Prices
In Winchester, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Winchester, VA, is on
a rollercoaster ride. The
average rent price in Winchester, VA,
is $1,437.00. Indeed, when looking to rent in
Winchester, VA, you can expect to pay as little
as $570.00 or as much
as $4,360.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in Winchester, 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
