Mathews, VA Foreclosures
How much do homes sell for in Mathews, VA?
The average home price is currently $425,927.
What’s the average rental cost in Mathews, VA?
The average rental price in Mathews is $1,412.
What is the most expensive home in Mathews?
The most expensive home sold in Mathews had a price of $2,439,994.
What is currently the cheapest priced home in Mathews, VA?
The cheapest home for sale in Mathews is priced at $37,772.
Living in Mathews, VA
Mathews, VA is a picturesque, small town nestled on the Chesapeake Bay, providing a relaxing atmosphere with rich culture and history. The area offers beautiful waterfront views and a variety of outdoor activities, making it ideal for nature lovers. With a close-knit community and a range of local amenities, Mathews is perfect for those seeking a peaceful lifestyle.
Current Market Conditions in Mathews, VA
The real estate market in Mathews, VA, is relatively stable, characterized by a mix of historic homes and newer constructions. The demand for waterfront properties is high, given the area's picturesque views and recreational opportunities, attracting both full-time residents and vacation home buyers. Property prices have seen modest appreciation, making it a sound choice for investment and home ownership.
Homes are generally affordable compared to neighboring areas along the Virginia coastline, catering to diverse budgets. The local market is showing signs of gradual growth, particularly for properties close to the water, indicating a healthy interest and potential for long-term investment.
Home Value Estimator For Mathews, VA
There are currently 879 real estate properties
in Mathews, VA,
with a median automated valuation model (AVM) price
of $330,814.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mathews, 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 Mathews, VA,
is $425,927.00, with the most expensive house
in Mathews, VA, topping out
at $2,439,994.00 and the cheapest home
in Mathews, VA,
clocking in at $37,772.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mathews, VA!
Rent Prices
In Mathews, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mathews, VA, is on
a rollercoaster ride. The
average rent price in Mathews, VA,
is $1,412.00. Indeed, when looking to rent in
Mathews, VA, you can expect to pay as little
as $660.00 or as much
as $2,340.00,
with the average rent median estimated to
be $1,360.00. The good news is that finding
an affordable and desirable property to rent in Mathews, 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.
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