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Foreclosure Homes in Luray, VA 22835

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Luray, VA Foreclosures

How much do homes sell for in Luray, VA?
The average home price is currently $353,003.
In Luray, VA, how many homes are available?
There are currently 11 active home listings available in Luray.
What’s the average rental cost in Luray, VA?
The average rental price in Luray is $1,342.
What is the most expensive home in Luray?
The most expensive home sold in Luray had a price of $4,041,398.
What is currently the cheapest priced home in Luray, VA?
The cheapest home for sale in Luray is priced at $15,035.

Living in Luray, VA

Luray, VA is a charming town situated in the Blue Ridge Mountains, attracting visitors with its natural beauty and famous caverns. The town features a friendly community and access to outdoor recreational activities, making it an appealing destination for families and nature lovers. Quality schools and local amenities enhance its livability.

Current Market Conditions in Luray, VA

The real estate market in Luray is currently experiencing steady growth, with increasing interest from investors and homebuyers seeking a tranquil lifestyle amid nature. Property values have been stable, and there is a demand for both vacation homes and permanent residences.

There are opportunities in the market for investors, especially in the rental and vacation property sectors. The influx of tourism related to outdoor activities and historical sites supports future growth potential.

Home Value Estimator For Luray, VA

There are currently 5,076 real estate properties in Luray, VA, with a median automated valuation model (AVM) price of $297,397.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Luray, 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 Luray, VA, is $353,003.00, with the most expensive house in Luray, VA, topping out at $4,041,398.00 and the cheapest home in Luray, VA, clocking in at $15,035.00. In other words, there’s something for every potential homebuyer or savvy investor in Luray, VA!

Rent Prices In Luray, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Luray, VA, is on a rollercoaster ride. The average rent price in Luray, VA, is $1,342.00. Indeed, when looking to rent in Luray, VA, you can expect to pay as little as $650.00 or as much as $2,820.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Luray, 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.

Luray, VA 22835 Foreclosures


Market Trend for Luray, VA

Total Listings Available: 11

Market Values:

Home Prices from $15,035 to $4,041,398

Average Sales Price: $353,003

Rental Values:

Rental from $650 to $2,820

Average Rent Value: $1,342 / month

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