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Preforeclosure Homes in Henrico, VA 23238

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Living in Henrico, VA

Henrico, VA, is a welcoming suburban community with a rich array of amenities including parks, reputable schools, and shopping. The county offers a blend of urban convenience and suburban tranquility, making it a great option for families and professionals alike. With easy access to downtown Richmond and a variety of recreational choices, Henrico stands out as a desirable location for homebuyers.

Current Market Conditions in Henrico, VA

Henrico's real estate market has seen steady growth, with a healthy demand from buyers. The competition remains high as families and individuals seek the spacious homes and community-oriented lifestyle that the county offers.

Prices in Henrico have been rising, attributed to the increase in buying interest and limited inventory. However, the area continues to attract new developments and construction, which could temper rising prices in the future.

Home Value Estimator For Henrico, VA

There are currently 4,456 real estate properties in Henrico, VA, with a median automated valuation model (AVM) price of $409,187.00. 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 $1,004,008.00, with the most expensive house in Henrico, VA, topping out at $99,628,952.00 and the cheapest home in Henrico, VA, clocking in at $10,023.00. 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 23238 Preforeclosure Homes


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