Emory, VA Foreclosures
How much do homes sell for in Emory, VA?
The average home price is currently $489,109.
In Emory, VA, how many homes are available?
There are currently 46 active home listings available in Emory.
What’s the average rental cost in Emory, VA?
The average rental price in Emory is $1,171.
What is the most expensive home in Emory?
The most expensive home sold in Emory had a price of $11,290,509.
What is currently the cheapest priced home in Emory, VA?
The cheapest home for sale in Emory is priced at $133,841.
Living in Emory, VA
Emory, Virginia is a picturesque small town that combines a rich historical background with a welcoming community spirit. Nestled in the scenic Appalachian Mountains, it offers an abundance of outdoor activities and a peaceful lifestyle. Emory is also known for its friendly residents and a strong community atmosphere, making it a great place for families and retirees alike.
Current Market Conditions in Emory, VA
The real estate market in Emory has shown steady growth over the past year, with an increase in demand for homes as people look for more affordable living options outside the urban centers. Properties in the area primarily consist of single-family homes and some charming historic houses, which tend to attract buyers looking for character and space.
Recent trends indicate a rise in home renovations and improvement projects, as homeowners seek to enhance their properties' value amidst a competitive market. This is particularly true for older homes that require updating or modernization.
Overall, the Emory real estate market is still considered attractive, with reasonable price points and a variety of home styles available, catering to both investors and first-time homebuyers.
Home Value Estimator For Emory, VA
There are currently 60 real estate properties
in Emory, VA,
with a median automated valuation model (AVM) price
of $287,532.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Emory, 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 Emory, VA,
is $489,109.00, with the most expensive house
in Emory, VA, topping out
at $11,290,509.00 and the cheapest home
in Emory, VA,
clocking in at $133,841.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Emory, VA!
Rent Prices
In Emory, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Emory, VA, is on
a rollercoaster ride. The
average rent price in Emory, VA,
is $1,171.00. Indeed, when looking to rent in
Emory, VA, you can expect to pay as little
as $630.00 or as much
as $2,040.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Emory, 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
