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Condo Foreclosures in Grimstead, VA

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Grimstead, VA Foreclosures

Current Market Conditions in in Grimstead, VA As of March 2026?
In the past month, Grimstead's real estate prices have remained steady, with slight fluctuations observed in the lower price range. Potential buyers are showing increased interest, particularly in properties featuring waterfront access. As more listings enter the market, it's anticipated that competition will intensify in the coming weeks, which may result in a gradual increase in home prices.
How much do homes sell for in Grimstead, VA?
The average home price is currently $395,462.
What’s the average rental cost in Grimstead, VA?
The average rental price in Grimstead is $1,735.
What is the most expensive home in Grimstead?
The most expensive home sold in Grimstead had a price of $1,017,948.
What is currently the cheapest priced home in Grimstead, VA?
The cheapest home for sale in Grimstead is priced at $46,020.

Living in Grimstead, VA

Grimstead, VA is a quaint community nestled in Mathews County, offering a tranquil lifestyle amidst natural beauty. With its proximity to the Chesapeake Bay, residents enjoy a range of outdoor activities and community-focused living. Educational facilities are nearby, ensuring quality schooling for families.

Buyer vs Seller Market in Grimstead, VA

The real estate market in Grimstead is currently stable, with a modest increase in home values over the past few months. The demand for waterfront properties and homes in peaceful settings has sustained interest among buyers, contributing to a competitive market.

Recent trends indicate a growing interest in rural homes as more people seek quieter environments. Properties that offer land and access to nature are in higher demand, suggesting a positive shift towards rural living.

Home Value Estimator For Grimstead, VA

There are currently 35 real estate properties in Grimstead, VA, with a median automated valuation model (AVM) price of $331,723.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grimstead, 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 Grimstead, VA, is $395,462.00, with the most expensive house in Grimstead, VA, topping out at $1,017,948.00 and the cheapest home in Grimstead, VA, clocking in at $46,020.00. In other words, there’s something for every potential homebuyer or savvy investor in Grimstead, VA!

Rent Prices In Grimstead, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grimstead, VA, is on a rollercoaster ride. The average rent price in Grimstead, VA, is $1,735.00. Indeed, when looking to rent in Grimstead, VA, you can expect to pay as little as $1,590.00 or as much as $1,880.00, with the average rent median estimated to be $1,590.00. The good news is that finding an affordable and desirable property to rent in Grimstead, 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.

Grimstead, VA Condos


Market Trend for Grimstead, VA

Total Listings Available: 0

Market Values:

Home Prices from $46,020 to $1,017,948

Average Sales Price: $395,462

Rental Values:

Rental from $1,590 to $1,880

Average Rent Value: $1,735 / month

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