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Affordable Housing in Narrows, VA

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Narrows, VA Foreclosures

How much do homes sell for in Narrows, VA?
The average home price is currently $188,418.
In Narrows, VA, how many homes are available?
There are currently 2 active home listings available in Narrows.
What’s the average rental cost in Narrows, VA?
The average rental price in Narrows is $1,010.
What is the most expensive home in Narrows?
The most expensive home sold in Narrows had a price of $1,679,806.
What is currently the cheapest priced home in Narrows, VA?
The cheapest home for sale in Narrows is priced at $10,464.

Living in Narrows, VA

Narrows, Virginia, is a serene town set amidst the beauty of the Appalachian Mountains, offering a blend of outdoor adventure and community charm. With easy access to the New River, residents can partake in various recreational activities. The town also features local schools and services that cater to the needs of its residents, making it a perfect retreat for families.

Current Market Conditions in Narrows, VA

The real estate market in Narrows is characterized by its affordability and stable pricing, attracting both first-time homebuyers and retirees looking for a peaceful lifestyle. Over the past year, the market has seen steady interest, with homes appreciating modestly as more buyers recognize the value of small-town living in a picturesque setting.

The current trend indicates a growing demand for single-family homes as people seek out properties with outdoor spaces and scenic views. The local market provides an excellent opportunity for investments, with listings often showcasing a variety of options appealing to a diverse demographic.

Home Value Estimator For Narrows, VA

There are currently 1,779 real estate properties in Narrows, VA, with a median automated valuation model (AVM) price of $169,459.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Narrows, 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 Narrows, VA, is $188,418.00, with the most expensive house in Narrows, VA, topping out at $1,679,806.00 and the cheapest home in Narrows, VA, clocking in at $10,464.00. In other words, there’s something for every potential homebuyer or savvy investor in Narrows, VA!

Rent Prices In Narrows, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Narrows, VA, is on a rollercoaster ride. The average rent price in Narrows, VA, is $1,010.00. Indeed, when looking to rent in Narrows, VA, you can expect to pay as little as $540.00 or as much as $2,200.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Narrows, 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.

Narrows, VA Affordable Housing


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