Lignum, VA Foreclosures
How much do homes sell for in Lignum, VA?
The average home price is currently $490,853.
In Lignum, VA, how many homes are available?
There are currently 91 active home listings available in Lignum.
What’s the average rental cost in Lignum, VA?
The average rental price in Lignum is $1,610.
What is the most expensive home in Lignum?
The most expensive home sold in Lignum had a price of $2,883,774.
What is currently the cheapest priced home in Lignum, VA?
The cheapest home for sale in Lignum is priced at $142,334.
Living in Lignum, VA
Lignum, VA, is a picturesque and tranquil community in Culpeper County, offering a peaceful rural lifestyle. Surrounded by natural beauty, it provides residents with excellent outdoor recreational opportunities while maintaining close access to local amenities. It is an ideal place for those looking for a serene environment to call home.
Current Market Conditions in Lignum, VA
The real estate market in Lignum has shown steady growth over the past year, driven by an increasing demand for rural homes. Buyers are attracted to the area's serene setting, affordable property prices, and the opportunity for larger lots. Homes are selling relatively quickly, and inventory levels remain low, making it a competitive market for buyers looking to invest in this charming area.
Recent trends indicate a growing interest in Lignum due to telecommuting options and a desire for a more relaxed lifestyle. This infusion of new residents has led to a rise in home values and limited inventory, particularly for properties that offer large plots of land and privacy.
Home Value Estimator For Lignum, VA
There are currently 356 real estate properties
in Lignum, VA,
with a median automated valuation model (AVM) price
of $435,583.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lignum, 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 Lignum, VA,
is $490,853.00, with the most expensive house
in Lignum, VA, topping out
at $2,883,774.00 and the cheapest home
in Lignum, VA,
clocking in at $142,334.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lignum, VA!
Rent Prices
In Lignum, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lignum, VA, is on
a rollercoaster ride. The
average rent price in Lignum, VA,
is $1,610.00. Indeed, when looking to rent in
Lignum, VA, you can expect to pay as little
as $1,060.00 or as much
as $3,650.00,
with the average rent median estimated to
be $1,600.00. The good news is that finding
an affordable and desirable property to rent in Lignum, 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
