Hiwassee, VA Foreclosures
How much do homes sell for in Hiwassee, VA?
The average home price is currently $250,553.
In Hiwassee, VA, how many homes are available?
There are currently 2 active home listings available in Hiwassee.
What’s the average rental cost in Hiwassee, VA?
The average rental price in Hiwassee is $1,032.
What is the most expensive home in Hiwassee?
The most expensive home sold in Hiwassee had a price of $1,774,192.
What is currently the cheapest priced home in Hiwassee, VA?
The cheapest home for sale in Hiwassee is priced at $13,731.
Living in Hiwassee, VA
Hiwassee, Virginia is a charming rural community nestled in the heart of the Blue Ridge Mountains. Surrounded by stunning natural beauty, residents enjoy a peaceful lifestyle with access to various outdoor activities. The area is known for its close-knit community, scenic views, and proximity to larger towns for additional amenities.
Current Market Conditions in Hiwassee, VA
The real estate market in Hiwassee remains relatively stable, characterized by a mix of seasonal fluctuations and consistent demand due to its scenic appeal and rural charm. Recently, the area has seen a slight increase in home prices, reflecting the broader trends within rural Virginia as more buyers seek homes outside of urban environments.
Investors are showing increased interest in Hiwassee, contributing to a competitive market. With a combination of affordable housing options and increasing demand from buyers looking for vacation homes or primary residences in the mountains, listings can move quickly. As a result, it's become increasingly vital for potential buyers to act promptly when they find a suitable property.
Home Value Estimator For Hiwassee, VA
There are currently 711 real estate properties
in Hiwassee, VA,
with a median automated valuation model (AVM) price
of $191,571.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hiwassee, 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 Hiwassee, VA,
is $250,553.00, with the most expensive house
in Hiwassee, VA, topping out
at $1,774,192.00 and the cheapest home
in Hiwassee, VA,
clocking in at $13,731.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hiwassee, VA!
Rent Prices
In Hiwassee, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hiwassee, VA, is on
a rollercoaster ride. The
average rent price in Hiwassee, VA,
is $1,032.00. Indeed, when looking to rent in
Hiwassee, VA, you can expect to pay as little
as $490.00 or as much
as $2,480.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Hiwassee, 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
