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Preforeclosure Homes in Bohannon, VA

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Living in Bohannon, VA

Bohannon, VA is a serene and welcoming community offering a peaceful lifestyle amidst beautiful natural surroundings. With excellent local schools and a focus on outdoor activities, it is an ideal choice for families and retirees alike. The area's strong community spirit fosters connections and engagement among residents.

Current Market Conditions in Bohannon, VA

The real estate market in Bohannon is currently stable, with a balanced inventory that provides both opportunities for buyers and sellers. Home prices have seen moderate appreciation over the past year, reflecting the area's growing appeal.

Investors may find Bohannon to be an attractive market due to its affordability compared to nearby urban areas, making it a potential hotspot for rental properties and long-term investments.

Home Value Estimator For Bohannon, VA

There are currently 133 real estate properties in Bohannon, VA, with a median automated valuation model (AVM) price of $332,987.00. 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 $434,124.00, with the most expensive house in Bohannon, VA, topping out at $1,300,000.00 and the cheapest home in Bohannon, VA, clocking in at $26,283.00. 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 $1,486.00. 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 $1,440.00. 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.

Bohannon, VA Preforeclosure Homes


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