Millboro, VA Foreclosures
How much do homes sell for in Millboro, VA?
The average home price is currently $350,067.
In Millboro, VA, how many homes are available?
There are currently 2 active home listings available in Millboro.
What’s the average rental cost in Millboro, VA?
The average rental price in Millboro is $1,101.
What is the most expensive home in Millboro?
The most expensive home sold in Millboro had a price of $9,448,366.
What is currently the cheapest priced home in Millboro, VA?
The cheapest home for sale in Millboro is priced at $10,158.
Living in Millboro, VA
Millboro, VA, is a charming rural community in Bath County, known for its beautiful landscapes and serene lifestyle. With a strong sense of community and access to outdoor activities, it's perfect for families and nature enthusiasts alike. The area's historical significance and commitment to education make it an attractive place to live.
Current Market Conditions in Millboro, VA
The real estate market in Millboro is currently stable, reflecting the area's rural charm and appeal. With a limited number of homes on the market, buyers are experiencing a competitive but moderately priced environment. The demand for properties that offer outdoor access and scenic views is on the rise, signaling a growing interest in Millboro as a desirable location for second homes and retirement options.
Over the past few years, Millboro has seen a moderate appreciation in home values, driven by its appealing lifestyle and the increasing trend of remote work allowing individuals to live in quieter settings. This trend has encouraged potential buyers looking to escape urban areas, contributing to a buoyant market.
Home Value Estimator For Millboro, VA
There are currently 854 real estate properties
in Millboro, VA,
with a median automated valuation model (AVM) price
of $242,362.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Millboro, 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 Millboro, VA,
is $350,067.00, with the most expensive house
in Millboro, VA, topping out
at $9,448,366.00 and the cheapest home
in Millboro, VA,
clocking in at $10,158.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Millboro, VA!
Rent Prices
In Millboro, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Millboro, VA, is on
a rollercoaster ride. The
average rent price in Millboro, VA,
is $1,101.00. Indeed, when looking to rent in
Millboro, VA, you can expect to pay as little
as $480.00 or as much
as $2,620.00,
with the average rent median estimated to
be $1,050.00. The good news is that finding
an affordable and desirable property to rent in Millboro, 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
