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Land Foreclosures in Honaker, VA 24260

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Honaker, VA Foreclosures

Current Market Conditions in in Honaker, VA As of January 2026?
Over the past month, Honaker's real estate market has seen an increase in the number of active listings, up by approximately 10%. This increase may be attributed to seasonal trends and a gradual recovery from the post-pandemic housing demand surge. Homes are averaging 30 days on the market, indicating a healthy turnover rate, making it a suitable time for buyers looking for diverse options.
How much do homes sell for in Honaker, VA?
The average home price is currently $147,360.
What’s the average rental cost in Honaker, VA?
The average rental price in Honaker is $933.
What is the most expensive home in Honaker?
The most expensive home sold in Honaker had a price of $1,241,668.
What is currently the cheapest priced home in Honaker, VA?
The cheapest home for sale in Honaker is priced at $10,044.

Living in Honaker, VA

Honaker, Virginia, is a quaint small town nestled in the Appalachian region, known for its lovely community and outdoor recreational opportunities. With a population that cherishes its heritage, Honaker offers a serene lifestyle with access to essential amenities and a vibrant local culture. Ideal for families and retirees, the town's friendly atmosphere is a significant draw.

Buyer vs Seller Market in Honaker, VA

The housing market in Honaker is currently stable, with moderate pricing for both buyers and renters. Inventory levels are lower than average, which has created a competitive environment for home seekers in the area.

There has been an uptick in interest among buyers looking for homes in rural communities, contributing to a steady appreciation in home values over the past year.

Home Value Estimator For Honaker, VA

There are currently 1,617 real estate properties in Honaker, VA, with a median automated valuation model (AVM) price of $125,709.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Honaker, 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 Honaker, VA, is $147,360.00, with the most expensive house in Honaker, VA, topping out at $1,241,668.00 and the cheapest home in Honaker, VA, clocking in at $10,044.00. In other words, there’s something for every potential homebuyer or savvy investor in Honaker, VA!

Rent Prices In Honaker, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Honaker, VA, is on a rollercoaster ride. The average rent price in Honaker, VA, is $933.00. Indeed, when looking to rent in Honaker, VA, you can expect to pay as little as $570.00 or as much as $1,810.00, with the average rent median estimated to be $870.00. The good news is that finding an affordable and desirable property to rent in Honaker, 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.

Honaker, VA 24260 Land


Market Trend for Honaker, VA

Total Listings Available: 0

Market Values:

Home Prices from $10,044 to $1,241,668

Average Sales Price: $147,360

Rental Values:

Rental from $570 to $1,810

Average Rent Value: $933 / month

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