Cave Spring, VA Foreclosures
How much do homes sell for in Cave Spring, VA?
The average home price is currently $217,793.
In Cave Spring, VA, how many homes are available?
There are currently 1 active home listings available in Cave Spring.
What’s the average rental cost in Cave Spring, VA?
The average rental price in Cave Spring is $1,081.
What is the most expensive home in Cave Spring?
The most expensive home sold in Cave Spring had a price of $984,890.
What is currently the cheapest priced home in Cave Spring, VA?
The cheapest home for sale in Cave Spring is priced at $40,556.
Living in Cave Spring, VA
Cave Spring, VA is a peaceful suburban community in Roanoke County, offering a blend of nature and convenience, making it ideal for families and outdoor enthusiasts alike. With excellent schools and local amenities, it provides a welcoming environment for all residents.
Current Market Conditions in Cave Spring, VA
The real estate market in Cave Spring remains competitive, with increasing demand for single-family homes driving prices upward. Buyers are attracted to the community's quality of life, which includes good schools and access to outdoor activities. Sales data indicates a trend toward faster closings as buyers look to secure homes sooner rather than later.
Home values in Cave Spring have appreciated steadily, making it an attractive option for both buyers and investors looking for long-term gains. Residential properties tend to sell quickly, and new listings often receive multiple offers.
Home Value Estimator For Cave Spring, VA
There are currently 245 real estate properties
in Cave Spring, VA,
with a median automated valuation model (AVM) price
of $189,100.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cave Spring, 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 Cave Spring, VA,
is $217,793.00, with the most expensive house
in Cave Spring, VA, topping out
at $984,890.00 and the cheapest home
in Cave Spring, VA,
clocking in at $40,556.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cave Spring, VA!
Rent Prices
In Cave Spring, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cave Spring, VA, is on
a rollercoaster ride. The
average rent price in Cave Spring, VA,
is $1,081.00. Indeed, when looking to rent in
Cave Spring, VA, you can expect to pay as little
as $620.00 or as much
as $2,900.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Cave Spring, 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
