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Preforeclosure Homes in Long Island, VA

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Long Island, VA Foreclosures

How much do homes sell for in Long Island, VA?
The average home price is currently $229,179.
In Long Island, VA, how many homes are available?
There are currently 3 active home listings available in Long Island.
What’s the average rental cost in Long Island, VA?
The average rental price in Long Island is $1,032.
What is the most expensive home in Long Island?
The most expensive home sold in Long Island had a price of $4,002,918.
What is currently the cheapest priced home in Long Island, VA?
The cheapest home for sale in Long Island is priced at $18,910.

Living in Long Island, VA

Long Island, VA, is a charming small town with a peaceful ambiance, nestled along the James River. With abundant outdoor recreational opportunities and a friendly community feel, it is perfect for families and individuals looking for a serene place to call home.

Current Market Conditions in Long Island, VA

The Long Island real estate market is currently favorable for both buyers and sellers. Home prices have seen a modest increase due to limited inventory and steady demand, particularly from those seeking homes with waterfront access.

New listings are emerging steadily but still cannot keep pace with demand. This is causing homes to sell quickly, often above the asking price. Given the small size of this community, any new property remains in high interest when listed.

Home Value Estimator For Long Island, VA

There are currently 402 real estate properties in Long Island, VA, with a median automated valuation model (AVM) price of $167,281.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Long Island, 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 Long Island, VA, is $229,179.00, with the most expensive house in Long Island, VA, topping out at $4,002,918.00 and the cheapest home in Long Island, VA, clocking in at $18,910.00. In other words, there’s something for every potential homebuyer or savvy investor in Long Island, VA!

Rent Prices In Long Island, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Long Island, VA, is on a rollercoaster ride. The average rent price in Long Island, VA, is $1,032.00. Indeed, when looking to rent in Long Island, VA, you can expect to pay as little as $550.00 or as much as $2,060.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Long Island, 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.

Long Island, VA Preforeclosure Homes


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