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Foreclosure Homes in Gum Spring, VA

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Gum Spring, VA Foreclosures

How much do homes sell for in Gum Spring, VA?
The average home price is currently $389,072.
In Gum Spring, VA, how many homes are available?
There are currently 7 active home listings available in Gum Spring.
What’s the average rental cost in Gum Spring, VA?
The average rental price in Gum Spring is $1,456.
What is the most expensive home in Gum Spring?
The most expensive home sold in Gum Spring had a price of $2,680,611.
What is currently the cheapest priced home in Gum Spring, VA?
The cheapest home for sale in Gum Spring is priced at $74,706.

Living in Gum Spring, VA

Gum Spring is a small, tranquil community in Virginia characterized by its natural beauty and friendly atmosphere. Residents enjoy a rural lifestyle with access to modern amenities, making it a great place for families. The area is known for outdoor activities, quality schools, and a supportive community spirit.

Current Market Conditions in Gum Spring, VA

Gum Spring has seen a steady growth in the real estate market, with a variety of home styles ranging from charming cottages to larger family homes. The demand for housing in this region has increased as more people seek the tranquility of rural living while still enjoying close proximity to urban centers.

Current trends indicate a competitive market, with properties selling relatively quickly. Home prices have shown modest increases, reflecting the desirability of the area due to its scenic surroundings, community-focused living, and outdoor recreational options.

Home Value Estimator For Gum Spring, VA

There are currently 757 real estate properties in Gum Spring, VA, with a median automated valuation model (AVM) price of $352,005.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gum Spring, 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 Gum Spring, VA, is $389,072.00, with the most expensive house in Gum Spring, VA, topping out at $2,680,611.00 and the cheapest home in Gum Spring, VA, clocking in at $74,706.00. In other words, there’s something for every potential homebuyer or savvy investor in Gum Spring, VA!

Rent Prices In Gum Spring, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gum Spring, VA, is on a rollercoaster ride. The average rent price in Gum Spring, VA, is $1,456.00. Indeed, when looking to rent in Gum Spring, VA, you can expect to pay as little as $570.00 or as much as $3,190.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Gum Spring, 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.

Gum Spring, VA Foreclosures


Market Trend for Gum Spring, VA

Total Listings Available: 7

Market Values:

Home Prices from $74,706 to $2,680,611

Average Sales Price: $389,072

Rental Values:

Rental from $570 to $3,190

Average Rent Value: $1,456 / month

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