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Multi-family Foreclosures in Lanexa, VA 23089

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Lanexa, VA Foreclosures

How much do homes sell for in Lanexa, VA?
The average home price is currently $461,653.
What’s the average rental cost in Lanexa, VA?
The average rental price in Lanexa is $1,781.
What is the most expensive home in Lanexa?
The most expensive home sold in Lanexa had a price of $4,973,262.
What is currently the cheapest priced home in Lanexa, VA?
The cheapest home for sale in Lanexa is priced at $11,319.

Living in Lanexa, VA

Lanexa, Virginia is a charming community nestled in New Kent County with a blend of rural peace and suburban convenience. Residents enjoy access to beautiful outdoor spaces and a vibrant sense of community. Its location provides easy transport to nearby Richmond for city amenities while maintaining a tranquil home environment.

Current Market Conditions in Lanexa, VA

The real estate market in Lanexa has shown steady growth over the past year, driven by an influx of new residents seeking affordable housing options away from the hustle and bustle of larger cities. The demand for single-family homes has kept prices competitive, and listings often attract buyers quickly, reflecting the desirability of the area.

Current market trends indicate a balanced inventory, with a healthy turnover of homes available for sale. New constructions and updated homes are making Lanexa increasingly attractive for families and retirees looking for modern amenities in a rural setting.

Home Value Estimator For Lanexa, VA

There are currently 2,336 real estate properties in Lanexa, VA, with a median automated valuation model (AVM) price of $409,816.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lanexa, 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 Lanexa, VA, is $461,653.00, with the most expensive house in Lanexa, VA, topping out at $4,973,262.00 and the cheapest home in Lanexa, VA, clocking in at $11,319.00. In other words, there’s something for every potential homebuyer or savvy investor in Lanexa, VA!

Rent Prices In Lanexa, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lanexa, VA, is on a rollercoaster ride. The average rent price in Lanexa, VA, is $1,781.00. Indeed, when looking to rent in Lanexa, VA, you can expect to pay as little as $760.00 or as much as $4,760.00, with the average rent median estimated to be $1,750.00. The good news is that finding an affordable and desirable property to rent in Lanexa, 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.

Lanexa, VA 23089 Multi-family Homes


Market Trend for Lanexa, VA

Total Listings Available: 0

Market Values:

Home Prices from $11,319 to $4,973,262

Average Sales Price: $461,653

Rental Values:

Rental from $760 to $4,760

Average Rent Value: $1,781 / month

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