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Preforeclosure Homes in Montpelier, VA 23192

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Montpelier, VA Foreclosures

How much do homes sell for in Montpelier, VA?
The average home price is currently $512,141.
In Montpelier, VA, how many homes are available?
There are currently 11 active home listings available in Montpelier.
What’s the average rental cost in Montpelier, VA?
The average rental price in Montpelier is $1,680.
What is the most expensive home in Montpelier?
The most expensive home sold in Montpelier had a price of $3,995,000.
What is currently the cheapest priced home in Montpelier, VA?
The cheapest home for sale in Montpelier is priced at $78,637.

Living in Montpelier, VA

Montpelier, VA, is a picturesque town with a strong sense of community and rich history. Nestled in Hanover County, it offers a blend of outdoor activities and local charm. Residents enjoy the convenience of being close to Richmond while relishing the serenity of rural life.

Current Market Conditions in Montpelier, VA

The current real estate market in Montpelier reflects a stable trend with moderate growth in home values. The demand for properties is bolstered by families seeking the tranquility of rural life while still being accessible to urban amenities.

Recent developments in Montpelier include new residential projects that cater to young professionals and families alike, maintaining the town's small-town appeal. The market remains competitive, and properties are seeing quicker sales compared to previous years.

Home Value Estimator For Montpelier, VA

There are currently 2,616 real estate properties in Montpelier, VA, with a median automated valuation model (AVM) price of $472,963.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Montpelier, 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 Montpelier, VA, is $512,141.00, with the most expensive house in Montpelier, VA, topping out at $3,995,000.00 and the cheapest home in Montpelier, VA, clocking in at $78,637.00. In other words, there’s something for every potential homebuyer or savvy investor in Montpelier, VA!

Rent Prices In Montpelier, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montpelier, VA, is on a rollercoaster ride. The average rent price in Montpelier, VA, is $1,680.00. Indeed, when looking to rent in Montpelier, VA, you can expect to pay as little as $680.00 or as much as $4,790.00, with the average rent median estimated to be $1,570.00. The good news is that finding an affordable and desirable property to rent in Montpelier, 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.

Montpelier, VA 23192 Preforeclosure Homes


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