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Foreclosure Homes in Farnham, VA

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Farnham, VA Foreclosures

How much do homes sell for in Farnham, VA?
The average home price is currently $302,967.
In Farnham, VA, how many homes are available?
There are currently 7 active home listings available in Farnham.
What’s the average rental cost in Farnham, VA?
The average rental price in Farnham is $1,032.
What is the most expensive home in Farnham?
The most expensive home sold in Farnham had a price of $2,761,300.
What is currently the cheapest priced home in Farnham, VA?
The cheapest home for sale in Farnham is priced at $24,009.

Living in Farnham, VA

Farnham, VA is a quaint town situated in Richmond County, offering a peaceful, rural lifestyle. With its natural beauty and friendly community, it is an ideal location for those seeking a quieter way of life. Outdoor activities abound, making it a haven for nature lovers and families alike.

Current Market Conditions in Farnham, VA

The real estate market in Farnham has been experiencing steady growth, with increasing interest from buyers seeking affordable housing options in a serene, rural environment. The demand for homes has led to a slight rise in property values, but they remain competitive when compared to nearby urban areas. Homes typically sell faster in this market, highlighting its attractiveness to families and retirees looking for peace and quiet.

With a growing interest in rural living and the demand for larger properties, Farnham sees a healthy influx of new listings. This is providing opportunities for both first-time buyers and seasoned investors looking for properties that promise rental income or long-term value appreciation.

Home Value Estimator For Farnham, VA

There are currently 892 real estate properties in Farnham, VA, with a median automated valuation model (AVM) price of $253,827.00. 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 $302,967.00, with the most expensive house in Farnham, VA, topping out at $2,761,300.00 and the cheapest home in Farnham, VA, clocking in at $24,009.00. 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 $1,032.00. 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 Foreclosures


Market Trend for Farnham, VA

Total Listings Available: 7

Market Values:

Home Prices from $24,009 to $2,761,300

Average Sales Price: $302,967

Rental Values:

Rental from $570 to $2,340

Average Rent Value: $1,032 / month

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