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City-owned Homes And Land in Melfa, VA

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Melfa, VA Foreclosures

How much do homes sell for in Melfa, VA?
The average home price is currently $230,548.
In Melfa, VA, how many homes are available?
There are currently 1 active home listings available in Melfa.
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, VA, is a small, charming town on Virginia's Eastern Shore that offers a tight-knit community atmosphere and access to natural beauty. Residents enjoy outdoor activities and a family-friendly environment, while being close to larger towns with additional amenities.

Current Market Conditions in Melfa, VA

The real estate market in Melfa has shown steady growth, with increasing interest from buyers looking for peaceful rural living. Homes in this area are often sought after for their affordability compared to the surrounding coastal towns, which adds to their appeal for first-time buyers and retirees alike.

There is a continuing trend of urban dwellers relocating to rural areas like Melfa, seeking larger homes and outdoor spaces. This shift has led to a competitive market with homes selling relatively quickly.

Home Value Estimator For Melfa, VA

There are currently 906 real estate properties in Melfa, VA, with a median automated valuation model (AVM) price of $201,146.00. 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 $230,548.00, 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 City-owned Homes And Land


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