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Short Sale Listings in Fancy Gap, VA

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Living in Fancy Gap, VA

Fancy Gap, VA, is a picturesque mountain community that offers a serene lifestyle amidst stunning natural scenery. With its close proximity to outdoor adventures and rich cultural heritage, it is an ideal location for those seeking peace and tranquility. The area's charming homes and friendly residents make it a wonderful place to call home.

Current Market Conditions in Fancy Gap, VA

The real estate market in Fancy Gap has shown steady growth over the past year, with an increase in interest from buyers looking for getaway homes in scenic locations. The demand has driven prices up slightly, yet the area still maintains affordability compared to nearby urban centers.

Potential buyers are drawn to Fancy Gap for its natural beauty, recreational activities, and peaceful lifestyle. This has resulted in a competitive market, particularly for properties that offer mountain views or river access.

Home Value Estimator For Fancy Gap, VA

There are currently 1,636 real estate properties in Fancy Gap, VA, with a median automated valuation model (AVM) price of $203,509.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fancy Gap, 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 Fancy Gap, VA, is $220,614.00, with the most expensive house in Fancy Gap, VA, topping out at $2,047,600.00 and the cheapest home in Fancy Gap, VA, clocking in at $16,330.00. In other words, there’s something for every potential homebuyer or savvy investor in Fancy Gap, VA!

Rent Prices In Fancy Gap, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fancy Gap, VA, is on a rollercoaster ride. The average rent price in Fancy Gap, VA, is $1,007.00. Indeed, when looking to rent in Fancy Gap, VA, you can expect to pay as little as $520.00 or as much as $2,340.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Fancy Gap, 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.

Fancy Gap, VA Short Sale Listings


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