Montross, VA Foreclosures
How much do homes sell for in Montross, VA?
The average home price is currently $353,289.
In Montross, VA, how many homes are available?
There are currently 2 active home listings available in Montross.
What’s the average rental cost in Montross, VA?
The average rental price in Montross is $1,211.
What is the most expensive home in Montross?
The most expensive home sold in Montross had a price of $2,777,644.
What is currently the cheapest priced home in Montross, VA?
The cheapest home for sale in Montross is priced at $6,494.
Living in Montross, VA
Montross, Virginia, is a picturesque small town with a rich history and an abundance of outdoor activities. Located in Westmoreland County, it is known for its scenic beauty and tight-knit community. The area offers local amenities, parks, and a commitment to preserving its natural environment, making it a great place for families and nature enthusiasts.
Current Market Conditions in Montross, VA
The Montross real estate market has seen subtle fluctuations in the past few months, reflecting trends in both the local area and broader nationwide markets. Properties have been moving steadily, driven by a combination of low inventory and increased demand from buyers seeking serene living environments. The market remains competitive, with homes generally selling above the asking price, indicating a seller's market with strong buyer interest.
Currently, the local market reflects a healthy balance between buyers and sellers, though inventory levels are lower than the national average. As new developments and listings become available, it is expected that this area will continue to attract interest from potential home buyers, particularly those looking for an escape from urban areas.
Home Value Estimator For Montross, VA
There are currently 3,056 real estate properties
in Montross, VA,
with a median automated valuation model (AVM) price
of $293,986.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Montross, 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 Montross, VA,
is $353,289.00, with the most expensive house
in Montross, VA, topping out
at $2,777,644.00 and the cheapest home
in Montross, VA,
clocking in at $6,494.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Montross, VA!
Rent Prices
In Montross, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Montross, VA, is on
a rollercoaster ride. The
average rent price in Montross, VA,
is $1,211.00. Indeed, when looking to rent in
Montross, VA, you can expect to pay as little
as $550.00 or as much
as $2,720.00,
with the average rent median estimated to
be $1,210.00. The good news is that finding
an affordable and desirable property to rent in Montross, 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.