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Multi-family Foreclosures in Melfa, VA 23410

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Melfa, VA Foreclosures

How much do homes sell for in Melfa, VA?
The average home price is currently $227,208.
What’s the average rental cost in Melfa, VA?
The average rental price in Melfa is $968.
What is the most expensive home in Melfa?
The most expensive home sold in Melfa had a price of $1,228,384.
What is currently the cheapest priced home in Melfa, VA?
The cheapest home for sale in Melfa is priced at $19,632.

Living in Melfa, VA

Melfa, Virginia, is a small town that offers a peaceful atmosphere and a close-knit community environment. Surrounded by natural beauty, residents enjoy various outdoor activities and access to local amenities, making it a perfect retreat for families and retirees. While public transportation is limited, the proximity to major highways allows for easy connectivity to nearby towns and cities.

Current Market Conditions in Melfa, VA

The real estate market in Melfa has experienced steady growth in recent months, with an increase in property demand as more individuals and families seek peace in rural settings. Housing prices have slightly risen, reflecting the desirability of the town's environment while maintaining affordable options for potential buyers.

New developments have also been emerging, catering to those interested in newer constructions, while maintaining the charm of the classic homes that represent Melfa's history.

Home Value Estimator For Melfa, VA

There are currently 904 real estate properties in Melfa, VA, with a median automated valuation model (AVM) price of $189,453.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Melfa, 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 Melfa, VA, is $227,208.00, with the most expensive house in Melfa, VA, topping out at $1,228,384.00 and the cheapest home in Melfa, VA, clocking in at $19,632.00. In other words, there’s something for every potential homebuyer or savvy investor in Melfa, VA!

Rent Prices In Melfa, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Melfa, VA, is on a rollercoaster ride. The average rent price in Melfa, VA, is $968.00. Indeed, when looking to rent in Melfa, VA, you can expect to pay as little as $670.00 or as much as $1,660.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Melfa, 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.

Melfa, VA 23410 Multi-family Homes

Market Trend for Melfa, VA

Total Listings Available: 0

Market Values:

Home Prices from $19,632 to $1,228,384

Average Sales Price: $227,208

Rental Values:

Rental from $670 to $1,660

Average Rent Value: $968 / month

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