Broadway, VA Foreclosures
How much do homes sell for in Broadway, VA?
The average home price is currently $336,813.
In Broadway, VA, how many homes are available?
There are currently 2 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 $3,124,956.
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
Located in the beautiful Shenandoah Valley, Broadway, VA is a small town that offers a unique blend of rural charm and outdoor adventure. The close-knit community is perfect for families and retirees seeking a peaceful lifestyle. With its historical roots and local businesses, Broadway retains its small-town essence while providing access to more extensive amenities nearby.
Current Market Conditions in Broadway, VA
The real estate market in Broadway, VA, has shown steady growth over recent years, fueled by an influx of buyers seeking tranquility and natural beauty. The charming homes and affordable prices attract various demographics, including families and retirees, with the market remaining competitive yet accessible. The median home price fluctuates modestly compared to the national average, making it a viable option for many homebuyers.
Currently, the market is slightly favoring sellers, as homes in good condition tend to receive multiple offers and sell quickly. Buyers are encouraged to act quickly when they find a desirable property, as inventory levels remain low. Overall, Broadway's real estate market remains healthy with promising growth indicators, often attracting the attention of investors.
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 $303,725.00. 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 $336,813.00, with the most expensive house
in Broadway, VA, topping out
at $3,124,956.00 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
