Bohannon, VA Foreclosures
Current Market Conditions in in Bohannon, VA As of April 2026?
In the past month, real estate activity in Bohannon has shifted slightly towards a seller's market, as inventory remains low, and new listings are quickly being snatched up. With several homes having sold above asking price, potential buyers may need to act promptly when a property that meets their criteria becomes available. Overall, the interest in waterfront properties remains strong, supporting healthy market dynamics.
How much do homes sell for in Bohannon, VA?
The average home price is currently $421,530.
What’s the average rental cost in Bohannon, VA?
The average rental price in Bohannon is $1,483.
What is the most expensive home in Bohannon?
The most expensive home sold in Bohannon had a price of $1,333,570.
What is currently the cheapest priced home in Bohannon, VA?
The cheapest home for sale in Bohannon is priced at $27,752.
Living in Bohannon, VA
Bohannon, VA is a charming unincorporated community in Mathews County, known for its scenic waterfront and outdoor recreational activities. With a close-knit community atmosphere, it offers a peaceful lifestyle surrounded by nature. Residents enjoy access to local shops, markets, and a variety of leisure activities, making it an ideal place for those looking to escape the busier urban environments.
Buyer vs Seller Market in Bohannon, VA
The real estate market in Bohannon, VA is currently characterized by stable prices with a slight upward trend in demand, particularly for properties with waterfront access. Interest among buyers seeking vacation homes or permanent residences is increasing as more people embrace rural and semi-rural living post-pandemic. Properties in the area are often unique and offer ample outdoor space, enhancing their appeal.
Over the past year, the Bohannon market has seen steady appreciation, albeit slower than urban centers. Inventory remains relatively low, leading to increased competition among buyers for desirable homes.
Home Value Estimator For Bohannon, VA
There are currently 142 real estate properties
in Bohannon, VA,
with a median automated valuation model (AVM) price
of $313,655.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bohannon, 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 Bohannon, VA,
is $421,530.00, with the most expensive house
in Bohannon, VA, topping out
at $1,333,570.00 and the cheapest home
in Bohannon, VA,
clocking in at $27,752.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bohannon, VA!
Rent Prices
In Bohannon, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bohannon, VA, is on
a rollercoaster ride. The
average rent price in Bohannon, VA,
is $1,483.00. Indeed, when looking to rent in
Bohannon, VA, you can expect to pay as little
as $1,110.00 or as much
as $2,220.00,
with the average rent median estimated to
be $1,430.00. The good news is that finding
an affordable and desirable property to rent in Bohannon, 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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