Herndon, VA Foreclosures
How much do homes sell for in Herndon, VA?
The average home price is currently $986,194.
In Herndon, VA, how many homes are available?
There are currently 49 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 $192,173,872.
What is currently the cheapest priced home in Herndon, VA?
The cheapest home for sale in Herndon is priced at $42,167.
Living in Herndon, VA
Herndon, VA is a charming suburban town located in Fairfax County, known for its strong sense of community and vibrant lifestyle. With a blend of parks, local businesses, and cultural activities, Herndon offers an attractive setting for families and professionals alike. Its convenient access to D.C. ensures that residents can enjoy both the peace of suburban living and the excitement of city life.
Current Market Conditions in Herndon, VA
Herndon's real estate market is currently competitive, with properties often receiving multiple offers shortly after being listed. Due to its desirable location, many potential buyers are looking to invest in the area, leading to a steady increase in home prices. The mix of single-family homes, townhomes, and condos caters to a variety of preferences and budgets, making the housing market dynamic and diverse.
In recent months, the demand for homes in Herndon has led to a tightening inventory, pushing home prices higher. As the economy continues to recover and more people seek to relocate to areas with quality schooling and abundant amenities, ongoing interest in this region is anticipated.
Home Value Estimator For Herndon, VA
There are currently 25,483 real estate properties
in Herndon, VA,
with a median automated valuation model (AVM) price
of $764,309.00. 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 $986,194.00, with the most expensive house
in Herndon, VA, topping out
at $192,173,872.00 and the cheapest home
in Herndon, VA,
clocking in at $42,167.00. 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.
Learn more on Foreclosure homes
