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Short Sale Listings in Herndon, VA 20170

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Living in Herndon, VA

Herndon, VA combines suburban living with easy access to urban amenities, making it an attractive place for families and professionals. The town boasts a strong school system, diverse recreational options, and a bustling community atmosphere. Residents can enjoy a blend of historic charm and modern conveniences.

Current Market Conditions in Herndon, VA

The Herndon real estate market is currently competitive, with a steady increase in home values over the past few years. Investors can expect strong rental demand due to the area's appealing lifestyle and proximity to Washington D.C., making it an excellent opportunity for both long-term rentals and short-term investments.

Home availability is varied, with a range of options for buyers and investors. New developments are on the rise, enhancing the liveability of the town and contributing to its growing appeal, particularly among young professionals and expanding families.

Home Value Estimator For Herndon, VA

There are currently 25,480 real estate properties in Herndon, VA, with a median automated valuation model (AVM) price of $777,215.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Herndon, 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 Herndon, VA, is $1,009,863.00, with the most expensive house in Herndon, VA, topping out at $193,094,144.00 and the cheapest home in Herndon, VA, clocking in at $42,305.00. In other words, there’s something for every potential homebuyer or savvy investor in Herndon, VA!

Rent Prices In Herndon, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Herndon, VA, is on a rollercoaster ride. The average rent price in Herndon, VA, is $2,746.00. Indeed, when looking to rent in Herndon, VA, you can expect to pay as little as $1,120.00 or as much as $8,240.00, with the average rent median estimated to be $2,680.00. The good news is that finding an affordable and desirable property to rent in Herndon, 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.

Herndon, VA 20170 Short Sale Listings

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