Living in Markham, VA
Markham, VA, is a charming and tranquil community ideal for families and nature enthusiasts. It features beautiful landscapes, a strongsense of community, and close access to outdoor activities. With historical charm and modern amenities, Markham offers a unique location for both residents and visitors.
Current Market Conditions in Markham, VA
The real estate market in Markham, VA, has shown steady growth over the past few years, driven by increased demand for rural homes and properties. Buyers are drawn to the area due to its attractive landscapes, affordable housing options, and proximity to outdoor activities. Homes in Markham tend to stay on the market for a shorter time compared to previous years, indicating a healthy level of buyer interest and competition.
In recent months, the trend of rising home prices has continued, with many properties reflecting significant appreciation, making investment in this area increasingly appealing. The opportunities for families to find children's educational institutions and a sense of community further promote Markham as a desirable place to live.
Home Value Estimator For Markham, VA
There are currently 122 real estate properties
in Markham, VA,
with a median automated valuation model (AVM) price
of $790,152.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Markham, 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 Markham, VA,
is $787,627.00, with the most expensive house
in Markham, VA, topping out
at $1,831,924.00 and the cheapest home
in Markham, VA,
clocking in at $133,826.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Markham, VA!
Rent Prices
In Markham, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Markham, VA, is on
a rollercoaster ride. The
average rent price in Markham, VA,
is $1,888.00. Indeed, when looking to rent in
Markham, VA, you can expect to pay as little
as $1,290.00 or as much
as $3,100.00,
with the average rent median estimated to
be $1,890.00. The good news is that finding
an affordable and desirable property to rent in Markham, 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.