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Short Sale Listings in Draper, VA 24324

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Living in Draper, VA

Draper, VA, offers a unique blend of small-town charm and outdoor beauty in its suburban environment. The community is family-friendly, with parks and local amenities readily available, contributing to a high quality of life for its residents. Schools in the area are well-respected, making Draper an appealing option for families looking for a nurturing and connected environment.

Current Market Conditions in Draper, VA

The real estate market in Draper, VA has shown a steady increase in demand over the past year, with more families and individuals looking to settle in this serene community. Home prices have appreciated moderately, indicating a robust market with favorable conditions for both buyers and sellers. The appeal of the area lies in its scenic beauty and strong sense of community, which continues to attract new residents.

Recent trends show that properties are spending less time on the market, with an increasing number of multiple offers being made on homes in the area. This strengthens the understanding of Draper as a desirable location that offers good value for investments. The combination of excellent local amenities, schools, and natural beauty has made Draper one of the more competitive markets in southwestern Virginia.

Home Value Estimator For Draper, VA

There are currently 1,027 real estate properties in Draper, VA, with a median automated valuation model (AVM) price of $209,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Draper, 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 Draper, VA, is $257,934.00, with the most expensive house in Draper, VA, topping out at $2,179,450.00 and the cheapest home in Draper, VA, clocking in at $11,654.00. In other words, there’s something for every potential homebuyer or savvy investor in Draper, VA!

Rent Prices In Draper, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Draper, VA, is on a rollercoaster ride. The average rent price in Draper, VA, is $1,098.00. Indeed, when looking to rent in Draper, VA, you can expect to pay as little as $570.00 or as much as $2,440.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Draper, 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.

Draper, VA 24324 Short Sale Listings

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