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City-owned Homes And Land in Annandale, VA

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Living in Annandale, VA

Annandale, VA, is a sought-after suburban community known for its diverse population and family-oriented environment. Residents enjoy an array of amenities, including parks, shopping centers, and excellent educational institutions. The area is well-connected and offers a rich selection of recreational options for families and visitors alike.

Current Market Conditions in Annandale, VA

The real estate market in Annandale is currently active, with a steady demand for single-family homes and townhouses. Property values have been on the rise, reflecting the community's growing appeal as a suburban retreat near Washington D.C., making it a prime location for real estate investment.

Investors can expect competitive pricing in the area, with homes selling quickly due to the high demand. The diverse housing options available cater to a wide range of buyers, contributing to a healthy and dynamic market with opportunities for both rental property investment and home ownership.

Home Value Estimator For Annandale, VA

There are currently 17,039 real estate properties in Annandale, VA, with a median automated valuation model (AVM) price of $775,453.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Annandale, 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 Annandale, VA, is $788,280.00, with the most expensive house in Annandale, VA, topping out at $108,764,576.00 and the cheapest home in Annandale, VA, clocking in at $21,284.00. In other words, there’s something for every potential homebuyer or savvy investor in Annandale, VA!

Rent Prices In Annandale, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Annandale, VA, is on a rollercoaster ride. The average rent price in Annandale, VA, is $2,500.00. Indeed, when looking to rent in Annandale, VA, you can expect to pay as little as $790.00 or as much as $7,220.00, with the average rent median estimated to be $2,470.00. The good news is that finding an affordable and desirable property to rent in Annandale, 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.

Annandale, VA City-owned Homes And Land


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