Falmouth, VA Foreclosures
How much do homes sell for in Falmouth, VA?
The average home price is currently $466,545.
What’s the average rental cost in Falmouth, VA?
The average rental price in Falmouth is $1,891.
What is the most expensive home in Falmouth?
The most expensive home sold in Falmouth had a price of $25,136,023.
What is currently the cheapest priced home in Falmouth, VA?
The cheapest home for sale in Falmouth is priced at $25,005.
Living in Falmouth, VA
Falmouth, VA, offers a serene suburban lifestyle close to the Rappahannock River, with beautiful parks and a strong community spirit. Residents enjoy excellent local schools and various amenities, making it ideal for families and outdoor enthusiasts alike. The area's blend of nature and accessibility contributes to its appeal for potential homebuyers and investors.
Current Market Conditions in Falmouth, VA
The real estate market in Falmouth, VA, has seen steady growth, with home values appreciating significantly over the past few years. Demand for housing in this area remains robust due to its desirable location and community-centric atmosphere. Investors can expect a promising return on investment as the trend of urban migration continues, pushing buyers towards suburban areas like Falmouth.
Listings in Falmouth typically have low inventory, which creates a competitive market favorable for sellers. The average days on the market for homes tend to be shorter than in surrounding areas, indicating a strong demand among buyers who prioritize the suburban lifestyle, good schools, and outdoor activities.
Home Value Estimator For Falmouth, VA
There are currently 6,072 real estate properties
in Falmouth, VA,
with a median automated valuation model (AVM) price
of $435,374.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Falmouth, 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 Falmouth, VA,
is $466,545.00, with the most expensive house
in Falmouth, VA, topping out
at $25,136,023.00 and the cheapest home
in Falmouth, VA,
clocking in at $25,005.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Falmouth, VA!
Rent Prices
In Falmouth, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Falmouth, VA, is on
a rollercoaster ride. The
average rent price in Falmouth, VA,
is $1,891.00. Indeed, when looking to rent in
Falmouth, VA, you can expect to pay as little
as $1,040.00 or as much
as $4,080.00,
with the average rent median estimated to
be $1,890.00. The good news is that finding
an affordable and desirable property to rent in Falmouth, 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
