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Foreclosure Homes in Fancy Gap, VA

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Fancy Gap, VA Foreclosures

How much do homes sell for in Fancy Gap, VA?
The average home price is currently $221,717.
In Fancy Gap, VA, how many homes are available?
There are currently 1 active home listings available in Fancy Gap.
What’s the average rental cost in Fancy Gap, VA?
The average rental price in Fancy Gap is $1,007.
What is the most expensive home in Fancy Gap?
The most expensive home sold in Fancy Gap had a price of $1,745,953.
What is currently the cheapest priced home in Fancy Gap, VA?
The cheapest home for sale in Fancy Gap is priced at $16,330.

Living in Fancy Gap, VA

Fancy Gap, Virginia, is a serene mountain town offering stunning views, rich natural landscapes, and a tranquil lifestyle. The area is renowned for outdoor activities like hiking and fishing, with the Blue Ridge Parkway just nearby. It's an ideal location for those seeking a peaceful retreat while being close to modern amenities.

Current Market Conditions in Fancy Gap, VA

The real estate market in Fancy Gap has witnessed a stable increase over the last year, with home prices appreciating as more people seek refuge from urban living to enjoy the beautiful mountain scenery and fresh air. The demand for vacation homes and permanent residences in the area has led to a competitive market, with homes selling quickly, often above asking price.

Home Value Estimator For Fancy Gap, VA

There are currently 1,642 real estate properties in Fancy Gap, VA, with a median automated valuation model (AVM) price of $202,655.00. 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 $221,717.00, with the most expensive house in Fancy Gap, VA, topping out at $1,745,953.00 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 Foreclosures


Market Trend for Fancy Gap, VA

Total Listings Available: 1

Market Values:

Home Prices from $16,330 to $1,745,953

Average Sales Price: $221,717

Rental Values:

Rental from $520 to $2,340

Average Rent Value: $1,007 / month

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