Big Island, VA Foreclosures
How much do homes sell for in Big Island, VA?
The average home price is currently $297,872.
In Big Island, VA, how many homes are available?
There are currently 3 active home listings available in Big Island.
What’s the average rental cost in Big Island, VA?
The average rental price in Big Island is $1,190.
What is the most expensive home in Big Island?
The most expensive home sold in Big Island had a price of $2,282,151.
What is currently the cheapest priced home in Big Island, VA?
The cheapest home for sale in Big Island is priced at $18,611.
Living in Big Island, VA
Big Island is a charming community located in the heart of Virginia. Known for its scenic beauty and friendly atmosphere, it offers a laid-back lifestyle with access to outdoor activities. Families appreciate the local parks and the welcoming nature of the neighborhood, making it an ideal place for those seeking a tight-knit community feel.
Current Market Conditions in Big Island, VA
The real estate market in Big Island, VA, remains steady, with a slight increase in property values over the past year. This trend reflects a growing interest in the area, particularly among families and retirees seeking a peaceful lifestyle away from the hustle of city living. With the average days on the market decreasing, buyers are advised to act quickly when they find a desirable property.
New construction and renovations are becoming common, indicating a healthy interest in developing the area further. The local government has been supportive of housing initiatives, which bodes well for potential investors looking for properties with growth potential. As the demand for rural, serene living spaces increases, Big Island stands as a prime example of an emerging real estate hotspot.
Home Value Estimator For Big Island, VA
There are currently 765 real estate properties
in Big Island, VA,
with a median automated valuation model (AVM) price
of $229,228.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Big Island, 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 Big Island, VA,
is $297,872.00, with the most expensive house
in Big Island, VA, topping out
at $2,282,151.00 and the cheapest home
in Big Island, VA,
clocking in at $18,611.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Big Island, VA!
Rent Prices
In Big Island, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Big Island, VA, is on
a rollercoaster ride. The
average rent price in Big Island, VA,
is $1,190.00. Indeed, when looking to rent in
Big Island, VA, you can expect to pay as little
as $660.00 or as much
as $2,820.00,
with the average rent median estimated to
be $1,150.00. The good news is that finding
an affordable and desirable property to rent in Big Island, 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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