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Foreclosure Homes in Farnham, VA 22460

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Farnham, VA Foreclosures

How much do homes sell for in Farnham, VA?
The average home price is currently $304,300.
In Farnham, VA, how many homes are available?
There are currently 6 active home listings available in Farnham.
What’s the average rental cost in Farnham, VA?
The average rental price in Farnham is $1,033.
What is the most expensive home in Farnham?
The most expensive home sold in Farnham had a price of $2,750,300.
What is currently the cheapest priced home in Farnham, VA?
The cheapest home for sale in Farnham is priced at $24,038.

Living in Farnham, VA

Farnham, Virginia, is a serene rural town known for its rich history and vibrant community atmosphere. With beautiful landscapes and numerous outdoor activities, it offers an idyllic lifestyle for those seeking a slower pace. The area features local amenities while being close to larger urban centers, making it an appealing place to call home.

Current Market Conditions in Farnham, VA

Farnham's real estate market is characterized by a steady demand, largely due to its growing appeal among families seeking a quieter lifestyle away from urban hustle and bustle. There has been a noticeable uptick in home sales, partly fueled by buyers looking for larger properties with outdoor space as remote work becomes more common.

The market is currently favoring sellers due to lower inventory levels and consistent interest in the area. Prices have seen steady appreciation over the last year, reflecting the desirability of the neighborhood among potential buyers seeking charm and tranquility.

Home Value Estimator For Farnham, VA

There are currently 889 real estate properties in Farnham, VA, with a median automated valuation model (AVM) price of $260,720.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Farnham, 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 Farnham, VA, is $304,300.00, with the most expensive house in Farnham, VA, topping out at $2,750,300.00 and the cheapest home in Farnham, VA, clocking in at $24,038.00. In other words, there’s something for every potential homebuyer or savvy investor in Farnham, VA!

Rent Prices In Farnham, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Farnham, VA, is on a rollercoaster ride. The average rent price in Farnham, VA, is $1,033.00. Indeed, when looking to rent in Farnham, VA, you can expect to pay as little as $570.00 or as much as $2,340.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Farnham, 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.

Farnham, VA 22460 Foreclosures


Market Trend for Farnham, VA

Total Listings Available: 6

Market Values:

Home Prices from $24,038 to $2,750,300

Average Sales Price: $304,300

Rental Values:

Rental from $570 to $2,340

Average Rent Value: $1,033 / month

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