Mechanicsville, VA Foreclosures
How much do homes sell for in Mechanicsville, VA?
The average home price is currently $482,150.
What’s the average rental cost in Mechanicsville, VA?
The average rental price in Mechanicsville is $1,759.
What is the most expensive home in Mechanicsville?
The most expensive home sold in Mechanicsville had a price of $52,195,276.
What is currently the cheapest priced home in Mechanicsville, VA?
The cheapest home for sale in Mechanicsville is priced at $26,268.
Living in Mechanicsville, VA
Mechanicsville, VA is a picturesque suburban town situated just minutes from Richmond, offering residents the best of both worlds. With top-rated schools, a family-friendly environment, and an array of outdoor activities, it’s an ideal place for those looking to settle down. The community promotes a vibrant lifestyle and boasts a variety of shopping and dining options for all tastes.
Current Market Conditions in Mechanicsville, VA
Mechanicsville's real estate market is currently experiencing a strong demand, with a healthy inventory of homes that caters to a variety of buyers from first-time homeowners to those looking to upgrade. The area has seen a steady increase in home values due to its desirable location, community amenities, and overall quality of life.
Recently, the market shows signs of growth as more buyers are attracted to Mechanicsville due to its proximity to Richmond, competitive pricing compared to the larger city, and excellent public services. The trend indicates that homes are selling quickly, often at or above asking price, and buyers are becoming increasingly competitive.
Home Value Estimator For Mechanicsville, VA
There are currently 26,375 real estate properties
in Mechanicsville, VA,
with a median automated valuation model (AVM) price
of $435,144.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mechanicsville, 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 Mechanicsville, VA,
is $482,150.00, with the most expensive house
in Mechanicsville, VA, topping out
at $52,195,276.00 and the cheapest home
in Mechanicsville, VA,
clocking in at $26,268.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mechanicsville, VA!
Rent Prices
In Mechanicsville, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mechanicsville, VA, is on
a rollercoaster ride. The
average rent price in Mechanicsville, VA,
is $1,759.00. Indeed, when looking to rent in
Mechanicsville, VA, you can expect to pay as little
as $760.00 or as much
as $5,100.00,
with the average rent median estimated to
be $1,690.00. The good news is that finding
an affordable and desirable property to rent in Mechanicsville, 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.
Learn more on Foreclosure homes
