Glen Lyn, VA Foreclosures
How much do homes sell for in Glen Lyn, VA?
The average home price is currently $167,781.
In Glen Lyn, VA, how many homes are available?
There are currently 27 active home listings available in Glen Lyn.
What’s the average rental cost in Glen Lyn, VA?
The average rental price in Glen Lyn is $913.
What is the most expensive home in Glen Lyn?
The most expensive home sold in Glen Lyn had a price of $663,034.
What is currently the cheapest priced home in Glen Lyn, VA?
The cheapest home for sale in Glen Lyn is priced at $58,348.
Living in Glen Lyn, VA
Glen Lyn, VA, is a charming community known for its abundant natural beauty and tranquil lifestyle. Situated along the New River, this small town offers outdoor activities and a friendly atmosphere for families and individuals alike. With essential amenities within reach and the Appalachian Mountains just a stone’s throw away, Glen Lyn offers a perfect balance of serenity and convenience.
Current Market Conditions in Glen Lyn, VA
The Glen Lyn area has seen a steady rise in interest among homebuyers, particularly those looking for a quiet retreat away from urban life. The presence of natural beauty and recreational opportunities makes it an attractive choice, contributing to a stable real estate market. Home prices are relatively affordable compared to nearby larger towns, providing an excellent investment opportunity for first-time buyers and those seeking a second home.
Recent trends indicate a growing demand for properties in Glen Lyn, with more buyers exploring the area for its idyllic charm. As remote work becomes more prevalent, many individuals are seeking homes with access to nature, which Glen Lyn readily offers. The market remains competitive, although it is still accessible for buyers with various preferences and budgets.
Home Value Estimator For Glen Lyn, VA
There are currently 66 real estate properties
in Glen Lyn, VA,
with a median automated valuation model (AVM) price
of $141,961.00. 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 Lyn, 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 Lyn, VA,
is $167,781.00, with the most expensive house
in Glen Lyn, VA, topping out
at $663,034.00 and the cheapest home
in Glen Lyn, VA,
clocking in at $58,348.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Glen Lyn, VA!
Rent Prices
In Glen Lyn, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Glen Lyn, VA, is on
a rollercoaster ride. The
average rent price in Glen Lyn, VA,
is $913.00. Indeed, when looking to rent in
Glen Lyn, VA, you can expect to pay as little
as $530.00 or as much
as $1,550.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Glen Lyn, 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.
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