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Foreclosure Homes in Callao, VA

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Callao, VA Foreclosures

How much do homes sell for in Callao, VA?
The average home price is currently $265,764.
In Callao, VA, how many homes are available?
There are currently 7 active home listings available in Callao.
What’s the average rental cost in Callao, VA?
The average rental price in Callao is $1,130.
What is the most expensive home in Callao?
The most expensive home sold in Callao had a price of $1,204,596.
What is currently the cheapest priced home in Callao, VA?
The cheapest home for sale in Callao is priced at $31,023.

Living in Callao, VA

Callao is a charming small town located in Virginia's Northumberland County. Surrounded by beautiful landscapes and waterways, it offers a serene lifestyle with a close-knit community atmosphere. The town is known for its rich history, local shops, and access to outdoor activities such as fishing and boating.

Current Market Conditions in Callao, VA

The real estate market in Callao has shown steady growth over the past year, with property values appreciating as more individuals seek tranquil living options outside major urban areas. The demand for homes with access to water activities has risen significantly, contributing to an increase in sales and competitive pricing.

Currently, Callao's market leans towards a seller's market, with inventory levels lower than desired for meeting buyer demand. This trend supports ongoing appreciation in home prices, indicating positive market sentiment for real estate investments.

Home Value Estimator For Callao, VA

There are currently 922 real estate properties in Callao, VA, with a median automated valuation model (AVM) price of $210,204.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Callao, 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 Callao, VA, is $265,764.00, with the most expensive house in Callao, VA, topping out at $1,204,596.00 and the cheapest home in Callao, VA, clocking in at $31,023.00. In other words, there’s something for every potential homebuyer or savvy investor in Callao, VA!

Rent Prices In Callao, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Callao, VA, is on a rollercoaster ride. The average rent price in Callao, VA, is $1,130.00. Indeed, when looking to rent in Callao, VA, you can expect to pay as little as $690.00 or as much as $1,940.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Callao, 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.

Callao, VA Foreclosures


Market Trend for Callao, VA

Total Listings Available: 7

Market Values:

Home Prices from $31,023 to $1,204,596

Average Sales Price: $265,764

Rental Values:

Rental from $690 to $1,940

Average Rent Value: $1,130 / month

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