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Foreclosure Homes in Glen Allen, VA 23059

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Glen Allen, VA Foreclosures

How much do homes sell for in Glen Allen, VA?
The average home price is currently $614,786.
In Glen Allen, VA, how many homes are available?
There are currently 69 active home listings available in Glen Allen.
What’s the average rental cost in Glen Allen, VA?
The average rental price in Glen Allen is $1,974.
What is the most expensive home in Glen Allen?
The most expensive home sold in Glen Allen had a price of $139,197,256.
What is currently the cheapest priced home in Glen Allen, VA?
The cheapest home for sale in Glen Allen is priced at $11,475.

Living in Glen Allen, VA

Glen Allen, VA, combines the charm of suburban living with easy access to the amenities of Richmond. The area boasts a strong community spirit, excellent schools, and abundant outdoor activities, all contributing to a high quality of life. With shopping centers, parks, and restaurants at your doorstep, it's an ideal place for families and professionals alike.

Current Market Conditions in Glen Allen, VA

Glen Allen's real estate market is currently thriving, demonstrating a steady increase in both home prices and sales volume. As demand rises, many buyers are attracted to the area's reputable school district and community feel, resulting in competitive bidding for homes, particularly those that are move-in ready.

The market is characterized by a lower inventory of available homes compared to previous years. This shortage has pushed prices up, making it a seller's market. The average home is receiving multiple offers, which indicates a healthy market for real estate investment.

Home Value Estimator For Glen Allen, VA

There are currently 26,446 real estate properties in Glen Allen, VA, with a median automated valuation model (AVM) price of $507,150.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Glen Allen, 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 Glen Allen, VA, is $614,786.00, with the most expensive house in Glen Allen, VA, topping out at $139,197,256.00 and the cheapest home in Glen Allen, VA, clocking in at $11,475.00. In other words, there’s something for every potential homebuyer or savvy investor in Glen Allen, VA!

Rent Prices In Glen Allen, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Glen Allen, VA, is on a rollercoaster ride. The average rent price in Glen Allen, VA, is $1,974.00. Indeed, when looking to rent in Glen Allen, VA, you can expect to pay as little as $830.00 or as much as $5,080.00, with the average rent median estimated to be $1,880.00. The good news is that finding an affordable and desirable property to rent in Glen Allen, 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.

Glen Allen, VA 23059 Foreclosures

Market Trend for Glen Allen, VA

Total Listings Available: 69

Market Values:

Home Prices from $11,475 to $139,197,256

Average Sales Price: $614,786

Rental Values:

Rental from $830 to $5,080

Average Rent Value: $1,974 / month

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