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Foreclosure Homes in New Castle, VA 24127

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New Castle, VA Foreclosures

How much do homes sell for in New Castle, VA?
The average home price is currently $237,962.
In New Castle, VA, how many homes are available?
There are currently 8 active home listings available in New Castle.
What’s the average rental cost in New Castle, VA?
The average rental price in New Castle is $960.
What is the most expensive home in New Castle?
The most expensive home sold in New Castle had a price of $1,400,000.
What is currently the cheapest priced home in New Castle, VA?
The cheapest home for sale in New Castle is priced at $22,956.

Living in New Castle, VA

New Castle, VA is a picturesque small town surrounded by the stunning Appalachian Mountains. Known for its friendly community and outdoor recreation, it offers a great balance of tranquility and access to nature. Residents enjoy close proximity to local amenities, schools, and beautiful nature trails.

Current Market Conditions in New Castle, VA

The real estate market in New Castle, VA has been stable over the past few months, with moderate price increases noted in various segments. The demand for homes is steady, largely due to the area’s inviting lifestyle and natural scenery, making it a popular choice for those looking to escape urban environments.

Buyers are currently taking advantage of historically low interest rates, and inventory levels remain relatively low, leading to competitive bidding in desirable neighborhoods. Homes in the area have been selling quickly, indicating a strong interest in the New Castle market.

Home Value Estimator For New Castle, VA

There are currently 1,266 real estate properties in New Castle, VA, with a median automated valuation model (AVM) price of $212,087.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Castle, 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 New Castle, VA, is $237,962.00, with the most expensive house in New Castle, VA, topping out at $1,400,000.00 and the cheapest home in New Castle, VA, clocking in at $22,956.00. In other words, there’s something for every potential homebuyer or savvy investor in New Castle, VA!

Rent Prices In New Castle, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Castle, VA, is on a rollercoaster ride. The average rent price in New Castle, VA, is $960.00. Indeed, when looking to rent in New Castle, VA, you can expect to pay as little as $570.00 or as much as $2,380.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in New Castle, 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.

New Castle, VA 24127 Foreclosures


Market Trend for New Castle, VA

Total Listings Available: 8

Market Values:

Home Prices from $22,956 to $1,400,000

Average Sales Price: $237,962

Rental Values:

Rental from $570 to $2,380

Average Rent Value: $960 / month

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