Mineral, VA Foreclosures
How much do homes sell for in Mineral, VA?
The average home price is currently $563,938.
In Mineral, VA, how many homes are available?
There are currently 20 active home listings available in Mineral.
What’s the average rental cost in Mineral, VA?
The average rental price in Mineral is $1,580.
What is the most expensive home in Mineral?
The most expensive home sold in Mineral had a price of $7,420,100.
What is currently the cheapest priced home in Mineral, VA?
The cheapest home for sale in Mineral is priced at $22,272.
Living in Mineral, VA
Mineral, VA is a charming small town known for its beautiful natural surroundings and friendly community. With outdoor activities like hiking and boating at Lake Anna State Park nearby, it offers a peaceful atmosphere perfect for families and retirees. The local shops and community events enrich the small-town experience.
Current Market Conditions in Mineral, VA
The real estate market in Mineral, VA, has been experiencing a steady growth trend over the past few years, driven by an increasing demand for housing in quieter, suburban areas. This demand, spurred by remote work trends and the search for affordable housing options outside major urban areas, has made mineral an attractive destination for buyers seeking both primary residences and vacation homes.
In recent months, competition has intensified as more buyers have entered the market. However, the inventory of homes available has remained relatively stable, leading to noticeable price appreciation. Homes in desirable neighborhoods, particularly those near Lake Anna, are experiencing quicker sales and multiple offers.
Home Value Estimator For Mineral, VA
There are currently 5,788 real estate properties
in Mineral, VA,
with a median automated valuation model (AVM) price
of $413,132.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mineral, 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 Mineral, VA,
is $563,938.00, with the most expensive house
in Mineral, VA, topping out
at $7,420,100.00 and the cheapest home
in Mineral, VA,
clocking in at $22,272.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mineral, VA!
Rent Prices
In Mineral, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mineral, VA, is on
a rollercoaster ride. The
average rent price in Mineral, VA,
is $1,580.00. Indeed, when looking to rent in
Mineral, VA, you can expect to pay as little
as $590.00 or as much
as $4,380.00,
with the average rent median estimated to
be $1,450.00. The good news is that finding
an affordable and desirable property to rent in Mineral, 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.
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