Ararat, VA Foreclosures
How much do homes sell for in Ararat, VA?
The average home price is currently $180,990.
In Ararat, VA, how many homes are available?
There are currently 1 active home listings available in Ararat.
What’s the average rental cost in Ararat, VA?
The average rental price in Ararat is $990.
What is the most expensive home in Ararat?
The most expensive home sold in Ararat had a price of $1,003,510.
What is currently the cheapest priced home in Ararat, VA?
The cheapest home for sale in Ararat is priced at $12,770.
Living in Ararat, VA
Ararat, VA, offers a peaceful rural lifestyle surrounded by the breathtaking Blue Ridge Mountains. Known for its friendly community, outdoor activities, and fresh local produce, it's the perfect place for families and retirees alike. Experience the charm and tranquility of life in Ararat, all while being a short drive from larger cities.
Current Market Conditions in Ararat, VA
The real estate market in Ararat remains stable, with a balanced mix of buyers and sellers. Despite being a rural area, interest in properties has seen a gradual increase, especially among those looking for retirement homes or weekend retreats. Homes here often have spacious lots and scenic views, which appeals to buyers seeking tranquility and nature.
In recent months, there has been a noticeable uptick in property values, primarily due to the demand for rural living in the wake of shifting lifestyle preferences. Residents are increasingly drawn to Ararat for its affordability and charm, contributing to a competitive market.
Home Value Estimator For Ararat, VA
There are currently 930 real estate properties
in Ararat, VA,
with a median automated valuation model (AVM) price
of $165,900.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ararat, 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 Ararat, VA,
is $180,990.00, with the most expensive house
in Ararat, VA, topping out
at $1,003,510.00 and the cheapest home
in Ararat, VA,
clocking in at $12,770.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ararat, VA!
Rent Prices
In Ararat, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ararat, VA, is on
a rollercoaster ride. The
average rent price in Ararat, VA,
is $990.00. Indeed, when looking to rent in
Ararat, VA, you can expect to pay as little
as $570.00 or as much
as $2,540.00,
with the average rent median estimated to
be $930.00. The good news is that finding
an affordable and desirable property to rent in Ararat, 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.