Broadway, VA Foreclosures
How much do homes sell for in Broadway, VA?
The average home price is currently $344,469.
In Broadway, VA, how many homes are available?
There are currently 16 active home listings available in Broadway.
What’s the average rental cost in Broadway, VA?
The average rental price in Broadway is $1,251.
What is the most expensive home in Broadway?
The most expensive home sold in Broadway had a price of $3,126,515.
What is currently the cheapest priced home in Broadway, VA?
The cheapest home for sale in Broadway is priced at $16,084.
Living in Broadway, VA
Broadway, Virginia, is a charming small town nestled in the heart of the Shenandoah Valley. Known for its friendly atmosphere and picturesque landscapes, Broadway boasts a close-knit community feel with access to nature and local amenities. Residents enjoy a slower pace of life blended with a variety of recreational activities, making it an ideal place for families and retirees alike.
Current Market Conditions in Broadway, VA
The real estate market in Broadway, VA, has shown consistent growth over the past year, with home prices rising due to increased demand for housing in the area. The idyllic location, excellent schools, and community amenities make it an attractive option for both families and retirees, driving up property values.
Currently, the market is competitive with a lower inventory of homes available for sale. Many properties receive multiple offers shortly after listing, making it essential for buyers to act fast. Sellers are taking advantage of this trend, with homes frequently selling above the asking price.
Home Value Estimator For Broadway, VA
There are currently 3,569 real estate properties
in Broadway, VA,
with a median automated valuation model (AVM) price
of $306,224.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Broadway, 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 Broadway, VA,
is $344,469.00, with the most expensive house
in Broadway, VA, topping out
at $3,126,515.00 and the cheapest home
in Broadway, VA,
clocking in at $16,084.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Broadway, VA!
Rent Prices
In Broadway, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Broadway, VA, is on
a rollercoaster ride. The
average rent price in Broadway, VA,
is $1,251.00. Indeed, when looking to rent in
Broadway, VA, you can expect to pay as little
as $620.00 or as much
as $2,650.00,
with the average rent median estimated to
be $1,190.00. The good news is that finding
an affordable and desirable property to rent in Broadway, 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.
Learn more on Foreclosure homes
