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Preforeclosure Homes in Farnham, VA 22460

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Farnham, VA Foreclosures

How much do homes sell for in Farnham, VA?
The average home price is currently $306,746.
In Farnham, VA, how many homes are available?
There are currently 2 active home listings available in Farnham.
What’s the average rental cost in Farnham, VA?
The average rental price in Farnham is $1,033.
What is the most expensive home in Farnham?
The most expensive home sold in Farnham had a price of $2,800,000.
What is currently the cheapest priced home in Farnham, VA?
The cheapest home for sale in Farnham is priced at $24,220.

Living in Farnham, VA

Farnham is a quaint town in Richmond County known for its peaceful rural settings and close-knit community. The area offers a blend of historic charm and modern amenities, making it an appealing option for families and retirees alike. Its location provides easy access to the larger towns while maintaining a serene atmosphere.

Current Market Conditions in Farnham, VA

The real estate market in Farnham is currently experiencing a favorable trend for buyers, with a stable inventory that has shown gradual price appreciation over the last few months. The market is characterized by affordable home options, making it attractive for first-time homebuyers and families.

Recent trends indicate a rising interest among buyers seeking rural properties, which has led to an increase in property valuation. This growth is supported by the location's appeal as a peaceful sanctuary away from urban bustle, thus fostering a healthy real estate market.

Home Value Estimator For Farnham, VA

There are currently 889 real estate properties in Farnham, VA, with a median automated valuation model (AVM) price of $262,513.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Farnham, 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 Farnham, VA, is $306,746.00, with the most expensive house in Farnham, VA, topping out at $2,800,000.00 and the cheapest home in Farnham, VA, clocking in at $24,220.00. In other words, there’s something for every potential homebuyer or savvy investor in Farnham, VA!

Rent Prices In Farnham, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Farnham, VA, is on a rollercoaster ride. The average rent price in Farnham, VA, is $1,033.00. Indeed, when looking to rent in Farnham, VA, you can expect to pay as little as $570.00 or as much as $2,340.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Farnham, 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.

Farnham, VA 22460 Preforeclosure Homes

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