Lignum, VA Foreclosures
How much do homes sell for in Lignum, VA?
The average home price is currently $465,675.
In Lignum, VA, how many homes are available?
There are currently 85 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 $109,103.
Living in Lignum, VA
Lignum, VA is a charming rural community in Culpeper County known for its serene environment and close-knit atmosphere. Surrounded by nature, it offers residents a peaceful lifestyle while being conveniently located near larger towns that provide various amenities. The area highlights outdoor activities and local culture, making it an appealing location to call home.
Current Market Conditions in Lignum, VA
The real estate market in Lignum has shown steady growth over the past year, with an increase in demand for single-family homes due to the area's appeal for families and retirees. Properties are generally more affordable compared to nearby towns, attracting buyers looking for value in a tranquil setting.
In addition, the market has experienced a slight uptick in home prices within the past month, indicating a growing interest in the area. However, there remains a healthy inventory of homes, offering buyers various choices to fit their needs.
Home Value Estimator For Lignum, VA
There are currently 311 real estate properties
in Lignum, VA,
with a median automated valuation model (AVM) price
of $424,104.00. 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 $465,675.00, 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 $109,103.00. 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
