Elberon, VA Foreclosures
How much do homes sell for in Elberon, VA?
The average home price is currently $288,571.
In Elberon, VA, how many homes are available?
There are currently 6 active home listings available in Elberon.
What’s the average rental cost in Elberon, VA?
The average rental price in Elberon is $1,283.
What is the most expensive home in Elberon?
The most expensive home sold in Elberon had a price of $1,415,792.
What is currently the cheapest priced home in Elberon, VA?
The cheapest home for sale in Elberon is priced at $15,334.
Living in Elberon, VA
Elberon, VA is a serene and charming residential community that offers a peaceful lifestyle with easy access to natural beauty. Known for its warm community spirit and historical richness, Elberon provides local amenities as well as quality education options nearby. It's a great place for families and those looking to enjoy a slower pace of life.
Current Market Conditions in Elberon, VA
The real estate market in Elberon is currently stable, with moderate demand for homes. Inventory levels demonstrate a healthy mix of new listings and sold properties, indicating a balanced market where buyers and sellers can negotiate effectively. The median home prices have remained relatively steady over the past few months, creating opportunities for both first-time buyers and investors.
There is a growing interest in Elberon, particularly among families and individuals seeking to relocate from busier urban areas. This trend is driving incremental appreciation in home values, supported by the area's appealing lifestyle, which emphasizes outdoor activities and close-knit community living.
Home Value Estimator For Elberon, VA
There are currently 363 real estate properties
in Elberon, VA,
with a median automated valuation model (AVM) price
of $288,555.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elberon, 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 Elberon, VA,
is $288,571.00, with the most expensive house
in Elberon, VA, topping out
at $1,415,792.00 and the cheapest home
in Elberon, VA,
clocking in at $15,334.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elberon, VA!
Rent Prices
In Elberon, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elberon, VA, is on
a rollercoaster ride. The
average rent price in Elberon, VA,
is $1,283.00. Indeed, when looking to rent in
Elberon, VA, you can expect to pay as little
as $890.00 or as much
as $1,950.00,
with the average rent median estimated to
be $1,260.00. The good news is that finding
an affordable and desirable property to rent in Elberon, 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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