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Short Sale Listings in Herndon, VA 20191

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Herndon, VA Foreclosures

How much do homes sell for in Herndon, VA?
The average home price is currently $999,195.
In Herndon, VA, how many homes are available?
There are currently 18 active home listings available in Herndon.
What’s the average rental cost in Herndon, VA?
The average rental price in Herndon is $2,746.
What is the most expensive home in Herndon?
The most expensive home sold in Herndon had a price of $194,183,424.
What is currently the cheapest priced home in Herndon, VA?
The cheapest home for sale in Herndon is priced at $42,544.

Living in Herndon, VA

Herndon, Virginia is a charming suburban town that combines historical charm with modern living. Located near Washington, D.C., it offers excellent public transit, making it a desirable location for commuters. Its diverse community and numerous parks provide a balanced lifestyle for families and professionals alike.

Current Market Conditions in Herndon, VA

The real estate market in Herndon has remained competitive in recent months, with a steady increase in home prices due to high demand and low inventory. Buyers are actively seeking homes in the area due to its prime location and appealing amenities. As a result, properties are often receiving multiple offers, leading to potential bidding wars.

Recent data indicates a slight decrease in property listings compared to previous quarters, indicating a tight market. However, there is a growing interest in new developments, especially near the Reston Town Center, which might help ease some of the availability issues.

Home Value Estimator For Herndon, VA

There are currently 25,481 real estate properties in Herndon, VA, with a median automated valuation model (AVM) price of $772,145.00. 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 $999,195.00, with the most expensive house in Herndon, VA, topping out at $194,183,424.00 and the cheapest home in Herndon, VA, clocking in at $42,544.00. 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 20191 Short Sale Listings

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