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 charming suburban area situated in Roanoke County known for its family-friendly neighborhoods and abundant green spaces. Residents enjoy easy access to local shops, quality schools, and outdoor activities in parks. The community atmosphere is vibrant with events fostering neighborly connections.
Current Market Conditions in Cave Spring, VA
The real estate market in Cave Spring is currently experiencing a steady demand, characterized by a healthy balance of buyers and sellers. Home prices have shown consistent growth throughout the past year, with several properties appreciating significantly in value. There has been an influx of new families moving into the area, contributing to the demand for housing.
Trends indicate that buyers are looking for well-maintained homes with outdoor spaces, which is driving renovations and developments in the neighborhood. The community's proximity to amenities and schools makes it particularly attractive to young families.
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
