Living in Atlantic, VA
Atlantic, VA is a charming coastal community on Virginia's Eastern Shore, offering a peaceful atmosphere and access to nature. Residents enjoy a lifestyle steeped in outdoor activities, community events, and local charm. With a range of amenities and a strong sense of community, Atlantic is perfect for families and retirees alike.
Current Market Conditions in Atlantic, VA
The real estate market in Atlantic, VA has been stable over the past months, with a slight increase in home values due to the area's growing popularity among buyers looking for vacation homes or retirement properties. The demand for relatively affordable housing close to the coast continues to attract attention, leading to more listings.
In recent months, properties have been selling at a faster pace, indicating a competitive market. Buyers are often drawn to the community's rustic charm and outdoor lifestyle, resulting in an increase in inquiries for homes that accommodate both seasonal and year-round residents.
Home Value Estimator For Atlantic, VA
There are currently 359 real estate properties
in Atlantic, VA,
with a median automated valuation model (AVM) price
of $221,712.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Atlantic, 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 Atlantic, VA,
is $239,636.00, with the most expensive house
in Atlantic, VA, topping out
at $1,347,992.00 and the cheapest home
in Atlantic, VA,
clocking in at $20,815.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Atlantic, VA!
Rent Prices
In Atlantic, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Atlantic, VA, is on
a rollercoaster ride. The
average rent price in Atlantic, VA,
is $1,009.00. Indeed, when looking to rent in
Atlantic, VA, you can expect to pay as little
as $670.00 or as much
as $1,500.00,
with the average rent median estimated to
be $1,010.00. The good news is that finding
an affordable and desirable property to rent in Atlantic, 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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