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Preforeclosure Homes in Grottoes, VA

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Grottoes, VA Foreclosures

How much do homes sell for in Grottoes, VA?
The average home price is currently $350,010.
In Grottoes, VA, how many homes are available?
There are currently 1 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 $3,807,963.
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 is a picturesque small town situated in the heart of the Shenandoah Valley, VA. Known for its warm community vibe, this area offers quaint shops, local eateries, and stunning outdoor scenery. It's an ideal location for those looking to escape the hustle and bustle of city life while still enjoying the conveniences of modern amenities.

Current Market Conditions in Grottoes, VA

The real estate market in Grottoes is currently experiencing steady growth, characterized by a mixture of charming older homes and newer constructions. Homes are generally affordable compared to nearby regions, which has been attracting new residents looking for lower housing costs and a tranquil living environment. The town's appeal is boosted by its scenic landscape and community-focused lifestyle, making it a desirable option for families and retirees alike.

Investors and homebuyers are increasingly interested in Grottoes as more people seek homes in areas offering natural beauty and a slower pace of life. Despite the small-town nature of Grottoes, there is a significant demand for housing, which contributes to rising property values and increasing investment opportunities.

Home Value Estimator For Grottoes, VA

There are currently 2,447 real estate properties in Grottoes, VA, with a median automated valuation model (AVM) price of $311,896.00. 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 $350,010.00, with the most expensive house in Grottoes, VA, topping out at $3,807,963.00 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 Preforeclosure Homes


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