Hume, VA Foreclosures
How much do homes sell for in Hume, VA?
The average home price is currently $717,350.
In Hume, VA, how many homes are available?
There are currently 1 active home listings available in Hume.
What’s the average rental cost in Hume, VA?
The average rental price in Hume is $1,927.
What is the most expensive home in Hume?
The most expensive home sold in Hume had a price of $2,450,000.
What is currently the cheapest priced home in Hume, VA?
The cheapest home for sale in Hume is priced at $196,135.
Living in Hume, VA
Hume, VA is a serene and charming community located in the heart of Fauquier County, surrounded by scenic vistas and abundant outdoor activities. Known for its historical significance and close-knit atmosphere, Hume offers a peaceful rural lifestyle while providing access to necessary amenities and good schools. This area is perfect for families and nature lovers alike.
Current Market Conditions in Hume, VA
Hume's real estate market has been stable, characterized by a healthy mix of single-family homes and farms, attracting those seeking tranquility away from the hustle and bustle of city life. Recent trends indicate a growing interest in properties with larger lots and scenic views, reflecting a shift towards rural living and remote work opportunities.
The demand for real estate in Hume has shown consistent growth with limited inventory, causing prices to slowly increase as more buyers seek the serene landscape and small-town atmosphere. More buyers are recognizing the value offered by properties in this area, particularly those interested in larger, sustainable homes.
Home Value Estimator For Hume, VA
There are currently 177 real estate properties
in Hume, VA,
with a median automated valuation model (AVM) price
of $671,527.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hume, 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 Hume, VA,
is $717,350.00, with the most expensive house
in Hume, VA, topping out
at $2,450,000.00 and the cheapest home
in Hume, VA,
clocking in at $196,135.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hume, VA!
Rent Prices
In Hume, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hume, VA, is on
a rollercoaster ride. The
average rent price in Hume, VA,
is $1,927.00. Indeed, when looking to rent in
Hume, VA, you can expect to pay as little
as $1,130.00 or as much
as $3,800.00,
with the average rent median estimated to
be $1,900.00. The good news is that finding
an affordable and desirable property to rent in Hume, 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
