Living in Mathews, VA
Mathews, VA, is a charming coastal town known for its scenic waterfront views and tight-knit community. Residents enjoy a relaxed lifestyle surrounded by nature, along with various local dining and cultural experiences. Its proximity to larger cities ensures that urban conveniences are within easy reach while maintaining a peaceful atmosphere.
Current Market Conditions in Mathews, VA
The real estate market in Mathews, VA, is currently trending towards a steady increase in property values, driven by the area’s scenic beauty and a growing interest in waterfront properties. Investors note that the demand for homes in Mathews is rising as more people seek vacation homes and serene living environments away from bustling cities.
Properties in Mathews tend to sell quickly, with a competitive market for both primary residences and investment opportunities. The area's charm, combined with its natural beauty, presents a unique investment opportunity as demand continues to grow.
Home Value Estimator For Mathews, VA
There are currently 863 real estate properties
in Mathews, VA,
with a median automated valuation model (AVM) price
of $329,675.00. 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 $428,289.00, with the most expensive house
in Mathews, VA, topping out
at $2,331,334.00 and the cheapest home
in Mathews, VA,
clocking in at $25,747.00. 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 $1,411.00. 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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