Jamaica, VA Foreclosures
How much do homes sell for in Jamaica, VA?
The average home price is currently $451,439.
In Jamaica, VA, how many homes are available?
There are currently 1 active home listings available in Jamaica.
What’s the average rental cost in Jamaica, VA?
The average rental price in Jamaica is $1,562.
What is the most expensive home in Jamaica?
The most expensive home sold in Jamaica had a price of $1,411,833.
What is currently the cheapest priced home in Jamaica, VA?
The cheapest home for sale in Jamaica is priced at $83,219.
Living in Jamaica, VA
Jamaica, VA is a quaint community celebrated for its scenic beauty and outdoor recreational opportunities. Located along the Rappahannock River, it offers a peaceful lifestyle with a focus on nature and community. Ideal for families and retirees, Jamaica provides an escape from urban life while still offering necessary amenities.
Current Market Conditions in Jamaica, VA
The current real estate market in Jamaica, VA is relatively stable, characterized by a modest increase in property values. Over the past few months, there has been an influx of interest from homebuyers looking for escape from more urbanized areas, leading to a slight uptick in sales. Despite its small size, Jamaica is seeing a growing number of listings, particularly for waterfront properties, which tend to attract higher value due to their desirable location.
The rental market in Jamaica remains competitive as well, with demand rising as people seek affordable yet tranquil living spaces. The overall market conditions indicate a steady interest in the area, appealing to both local buyers and newcomers.
Home Value Estimator For Jamaica, VA
There are currently 203 real estate properties
in Jamaica, VA,
with a median automated valuation model (AVM) price
of $444,074.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Jamaica, 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 Jamaica, VA,
is $451,439.00, with the most expensive house
in Jamaica, VA, topping out
at $1,411,833.00 and the cheapest home
in Jamaica, VA,
clocking in at $83,219.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Jamaica, VA!
Rent Prices
In Jamaica, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Jamaica, VA, is on
a rollercoaster ride. The
average rent price in Jamaica, VA,
is $1,562.00. Indeed, when looking to rent in
Jamaica, VA, you can expect to pay as little
as $790.00 or as much
as $3,090.00,
with the average rent median estimated to
be $1,540.00. The good news is that finding
an affordable and desirable property to rent in Jamaica, 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.
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