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Condo Foreclosures in Luray, VA

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Luray, VA Foreclosures

How much do homes sell for in Luray, VA?
The average home price is currently $350,227.
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 picturesque town nestled in the Shenandoah Valley, known for its stunning scenery and welcoming community. With numerous outdoor activities like hiking, and unique attractions like Luray Caverns, it offers a vibrant, small-town lifestyle. Local shops and dining opportunities make it a delightful place to call home.

Current Market Conditions in Luray, VA

Currently, Luray's real estate market is experiencing steady growth, with increasing interest from homebuyers seeking tranquility in a rural setting while still being near urban amenities. The natural beauty of the area, combined with its affordability, makes it attractive to both families and retirees.

There has been a noticeable rise in the average home prices in Luray over the past year, given the increasing demand for homes in the region. Buyers are encouraged to act quickly as inventory remains on the lower side.

Home Value Estimator For Luray, VA

There are currently 5,077 real estate properties in Luray, VA, with a median automated valuation model (AVM) price of $299,259.00. 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 $350,227.00, 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 Condos


Market Trend for Luray, VA

Total Listings Available: 0

Market Values:

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

Average Sales Price: $350,227

Rental Values:

Rental from $650 to $2,820

Average Rent Value: $1,342 / month

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