Millwood, VA Foreclosures
How much do homes sell for in Millwood, VA?
The average home price is currently $606,809.
In Millwood, VA, how many homes are available?
There are currently 1 active home listings available in Millwood.
What’s the average rental cost in Millwood, VA?
The average rental price in Millwood is $1,973.
What is the most expensive home in Millwood?
The most expensive home sold in Millwood had a price of $2,365,922.
What is currently the cheapest priced home in Millwood, VA?
The cheapest home for sale in Millwood is priced at $148,459.
Living in Millwood, VA
Millwood, a charming small town in Virginia, is known for its historic homes and close-knit community. Nestled in the scenic Shenandoah Valley, it offers a perfect blend of rural tranquility and modern convenience. Residents enjoy a relaxed lifestyle with access to outdoor activities, local shopping, and rich cultural experiences.
Current Market Conditions in Millwood, VA
The real estate market in Millwood has shown stable growth in recent months, with an increase in both demand and property values. Buyers are attracted to the area's charm, historical significance, and access to nature. Millwood's market is considered competitive, with properties frequently receiving multiple offers, especially in desirable neighborhoods.
Investors are increasingly seeing value in Millwood, recognizing its potential for appreciation due to its picturesque setting and proximity to Winchester and other urban centers. With a limited inventory of homes for sale, prices are rising steadily, making it an attractive option for those looking to invest in Virginia's real estate.
Home Value Estimator For Millwood, VA
There are currently 57 real estate properties
in Millwood, VA,
with a median automated valuation model (AVM) price
of $498,336.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Millwood, 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 Millwood, VA,
is $606,809.00, with the most expensive house
in Millwood, VA, topping out
at $2,365,922.00 and the cheapest home
in Millwood, VA,
clocking in at $148,459.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Millwood, VA!
Rent Prices
In Millwood, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Millwood, VA, is on
a rollercoaster ride. The
average rent price in Millwood, VA,
is $1,973.00. Indeed, when looking to rent in
Millwood, VA, you can expect to pay as little
as $940.00 or as much
as $3,100.00,
with the average rent median estimated to
be $1,920.00. The good news is that finding
an affordable and desirable property to rent in Millwood, 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
