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Multi-family Foreclosures in Mineral, VA 23117

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Mineral, VA Foreclosures

How much do homes sell for in Mineral, VA?
The average home price is currently $567,093.
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 $7,500,000.
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 serene small town that offers a variety of outdoor activities, community events, and local amenities. With a strong focus on education and family-friendly settings, this area is ideal for those seeking a peaceful lifestyle without straying too far from urban conveniences. Its proximity to Lake Anna enhances its appeal for nature enthusiasts and recreational activities.

Current Market Conditions in Mineral, VA

The real estate market in Mineral, VA has been steadily growing, with an increase in demand for single-family homes as more people seek the tranquility of rural living. Investors can expect a modest appreciation in property values, driven by the area's unique charm and outdoor recreation opportunities.

Current trends indicate a preference for larger homes with outdoor spaces, making it a great time for investors to consider properties that fit these specifications. With the nearby Lake Anna attracting numerous visitors, rental properties also show potential for profitability.

Home Value Estimator For Mineral, VA

There are currently 5,790 real estate properties in Mineral, VA, with a median automated valuation model (AVM) price of $417,759.00. 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 $567,093.00, with the most expensive house in Mineral, VA, topping out at $7,500,000.00 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.

Mineral, VA 23117 Multi-family Homes


Market Trend for Mineral, VA

Total Listings Available: 0

Market Values:

Home Prices from $22,272 to $7,500,000

Average Sales Price: $567,093

Rental Values:

Rental from $590 to $4,380

Average Rent Value: $1,580 / month

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