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Foreclosure Homes in Grottoes, VA 24441

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Grottoes, VA Foreclosures

How much do homes sell for in Grottoes, VA?
The average home price is currently $341,678.
In Grottoes, VA, how many homes are available?
There are currently 10 active home listings available in Grottoes.
What’s the average rental cost in Grottoes, VA?
The average rental price in Grottoes is $1,201.
What is the most expensive home in Grottoes?
The most expensive home sold in Grottoes had a price of $4,233,349.
What is currently the cheapest priced home in Grottoes, VA?
The cheapest home for sale in Grottoes is priced at $40,757.

Living in Grottoes, VA

Grottoes, VA offers a peaceful and community-oriented lifestyle in the heart of the Shenandoah Valley. The town features stunning natural scenery and is well-connected to outdoor recreational activities. With strong educational institutions and local amenities, Grottoes is an attractive option for families and nature lovers alike.

Current Market Conditions in Grottoes, VA

The real estate market in Grottoes is currently experiencing steady growth, with an increase in home values over the past year. The demand for homes in this area is driven by its natural beauty and family-friendly environment, making it attractive to buyers seeking a retreat from city life.

Recent trends indicate a rise in property investments, with new housing developments and renovations enhancing the area's appeal. Investors see potential as Grottoes continues to attract new residents who appreciate its tranquil lifestyle.

Home Value Estimator For Grottoes, VA

There are currently 2,383 real estate properties in Grottoes, VA, with a median automated valuation model (AVM) price of $302,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grottoes, 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 Grottoes, VA, is $341,678.00, with the most expensive house in Grottoes, VA, topping out at $4,233,349.00 and the cheapest home in Grottoes, VA, clocking in at $40,757.00. In other words, there’s something for every potential homebuyer or savvy investor in Grottoes, VA!

Rent Prices In Grottoes, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grottoes, VA, is on a rollercoaster ride. The average rent price in Grottoes, VA, is $1,201.00. Indeed, when looking to rent in Grottoes, VA, you can expect to pay as little as $610.00 or as much as $2,460.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Grottoes, 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.

Grottoes, VA 24441 Foreclosures

Market Trend for Grottoes, VA

Total Listings Available: 10

Market Values:

Home Prices from $40,757 to $4,233,349

Average Sales Price: $341,678

Rental Values:

Rental from $610 to $2,460

Average Rent Value: $1,201 / month

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