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Foreclosure Homes in Henrico, VA 23231

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Henrico, VA Foreclosures

How much do homes sell for in Henrico, VA?
The average home price is currently $991,553.
In Henrico, VA, how many homes are available?
There are currently 223 active home listings available in Henrico.
What’s the average rental cost in Henrico, VA?
The average rental price in Henrico is $1,656.
What is the most expensive home in Henrico?
The most expensive home sold in Henrico had a price of $98,789,744.
What is currently the cheapest priced home in Henrico, VA?
The cheapest home for sale in Henrico is priced at $11,782.

Living in Henrico, VA

Henrico, VA, is a suburban community just outside of Richmond known for its family-friendly atmosphere, great schools, and abundant recreational opportunities. With diverse housing options and a variety of amenities, Henrico appeals to a wide range of prospective homeowners and investors. The area's connectivity and community resources make it a desirable location for real estate investment.

Current Market Conditions in Henrico, VA

The current real estate market in Henrico is competitive, with a strong demand for housing. Home prices have been gradually increasing, driven by the area's desirable location and growing population. Investors can expect solid returns as the community continues to develop and attract new residents.

Recent trends indicate a growth in new construction projects, particularly in residential housing, which suggests a healthy outlook for the market. Buyers are facing multiple offer situations on many properties, emphasizing the need for investors to act swiftly.

Home Value Estimator For Henrico, VA

There are currently 4,446 real estate properties in Henrico, VA, with a median automated valuation model (AVM) price of $405,499.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Henrico, 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 Henrico, VA, is $991,553.00, with the most expensive house in Henrico, VA, topping out at $98,789,744.00 and the cheapest home in Henrico, VA, clocking in at $11,782.00. In other words, there’s something for every potential homebuyer or savvy investor in Henrico, VA!

Rent Prices In Henrico, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Henrico, VA, is on a rollercoaster ride. The average rent price in Henrico, VA, is $1,656.00. Indeed, when looking to rent in Henrico, VA, you can expect to pay as little as $860.00 or as much as $4,720.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Henrico, 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.

Henrico, VA 23231 Foreclosures


Market Trend for Henrico, VA

Total Listings Available: 223

Market Values:

Home Prices from $11,782 to $98,789,744

Average Sales Price: $991,553

Rental Values:

Rental from $860 to $4,720

Average Rent Value: $1,656 / month

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