Concord, VA Foreclosures
Current Market Conditions in in Concord, VA As of April 2026?
In the past month, Concord's housing market has experienced a notable shift, with an increase in active listings by 10%. However, buyer interest remains high, leading to homes often going under contract quickly, sometimes within days of being listed. The average time on the market has decreased, indicating strong buyer competition. While new listings have provided more options for buyers, lower inventory compared to demand continues to create a seller's market, influencing prices upwards.
How much do homes sell for in Concord, VA?
The average home price is currently $298,596.
In Concord, VA, how many homes are available?
There are currently 16 active home listings available in Concord.
What’s the average rental cost in Concord, VA?
The average rental price in Concord is $1,144.
What is the most expensive home in Concord?
The most expensive home sold in Concord had a price of $4,943,689.
What is currently the cheapest priced home in Concord, VA?
The cheapest home for sale in Concord is priced at $40,976.
Living in Concord, VA
Concord, VA, is a quaint and peaceful rural community perfect for families and retirees. With its scenic views and outdoor recreational activities, residents can enjoy a relaxed lifestyle while having access to larger towns nearby for more amenities. The strong community spirit and quality schools make it a desirable place to call home.
Buyer vs Seller Market in Concord, VA
The real estate market in Concord has shown steady growth over the past year, with an increase in demand for single-family homes. Buyers are drawn to the area for its peaceful environment, favorable school districts, and affordability relative to nearby urban areas. As more people seek out the charm of small-town living, home values are expected to continue rising.
Over the last month, the market has seen a slight increase in home listings, providing more options for potential buyers. However, the demand still outpaces supply, leading to competitive bidding situations for desirable properties.
Home Value Estimator For Concord, VA
There are currently 2,072 real estate properties
in Concord, VA,
with a median automated valuation model (AVM) price
of $262,442.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Concord, 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 Concord, VA,
is $298,596.00, with the most expensive house
in Concord, VA, topping out
at $4,943,689.00 and the cheapest home
in Concord, VA,
clocking in at $40,976.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Concord, VA!
Rent Prices
In Concord, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Concord, VA, is on
a rollercoaster ride. The
average rent price in Concord, VA,
is $1,144.00. Indeed, when looking to rent in
Concord, VA, you can expect to pay as little
as $590.00 or as much
as $2,510.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Concord, 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.
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