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Foreclosure Homes in Patrick Springs, VA

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Patrick Springs, VA Foreclosures

How much do homes sell for in Patrick Springs, VA?
The average home price is currently $162,108.
In Patrick Springs, VA, how many homes are available?
There are currently 2 active home listings available in Patrick Springs.
What’s the average rental cost in Patrick Springs, VA?
The average rental price in Patrick Springs is $988.
What is the most expensive home in Patrick Springs?
The most expensive home sold in Patrick Springs had a price of $759,690.
What is currently the cheapest priced home in Patrick Springs, VA?
The cheapest home for sale in Patrick Springs is priced at $13,590.

Living in Patrick Springs, VA

Patrick Springs is a tranquil rural community located in Virginia's Blue Ridge Mountains, known for its natural beauty and strong community vibe. Residents enjoy outdoor recreational activities and local events, fostering a close-knit environment perfect for families. The area's real estate market offers diverse property options, making it an attractive investment location.

Current Market Conditions in Patrick Springs, VA

The real estate market in Patrick Springs is steady, with moderate growth in property values over recent years. The area is appealing to families and retirees looking for affordable housing and a peaceful lifestyle. Investors are beginning to take notice of the potential for rental opportunities, especially as the demand for rural living rises.

Recent trends indicate an increase in interest from buyers seeking second homes or vacation properties in the area. This growth has led to renewed investment in local infrastructure and amenities, making Patrick Springs a promising location for both primary and secondary housing markets.

Home Value Estimator For Patrick Springs, VA

There are currently 967 real estate properties in Patrick Springs, VA, with a median automated valuation model (AVM) price of $145,771.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Patrick Springs, 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 Patrick Springs, VA, is $162,108.00, with the most expensive house in Patrick Springs, VA, topping out at $759,690.00 and the cheapest home in Patrick Springs, VA, clocking in at $13,590.00. In other words, there’s something for every potential homebuyer or savvy investor in Patrick Springs, VA!

Rent Prices In Patrick Springs, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Patrick Springs, VA, is on a rollercoaster ride. The average rent price in Patrick Springs, VA, is $988.00. Indeed, when looking to rent in Patrick Springs, VA, you can expect to pay as little as $580.00 or as much as $2,050.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Patrick Springs, 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.

Patrick Springs, VA Foreclosures


Market Trend for Patrick Springs, VA

Total Listings Available: 2

Market Values:

Home Prices from $13,590 to $759,690

Average Sales Price: $162,108

Rental Values:

Rental from $580 to $2,050

Average Rent Value: $988 / month

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