Nora, VA Foreclosures
How much do homes sell for in Nora, VA?
The average home price is currently $126,807.
What’s the average rental cost in Nora, VA?
The average rental price in Nora is $810.
What is the most expensive home in Nora?
The most expensive home sold in Nora had a price of $408,556.
What is currently the cheapest priced home in Nora, VA?
The cheapest home for sale in Nora is priced at $10,773.
Living in Nora, VA
Nora, VA is a small, welcoming community surrounded by beautiful landscapes perfect for outdoor enthusiasts. Known for its tight-knit neighborhood and rural charm, it provides an affordable living option not far from larger urban areas. Residents enjoy a range of outdoor activities and local culture, making it a lovely place to call home.
Current Market Conditions in Nora, VA
The real estate market in Nora, VA has been steadily growing as more families seek the tranquility of rural living. With a low inventory of homes available and an increasing demand, prices are expected to rise, making it a strategic time for buyers to enter the market.
Current trends indicate that properties in Nora are selling quickly, often above asking price, which reflects the strong interest in the area’s affordable yet picturesque real estate options. First-time homebuyers are particularly attracted to the region for its charming homes and friendly community atmosphere.
Home Value Estimator For Nora, VA
There are currently 78 real estate properties
in Nora, VA,
with a median automated valuation model (AVM) price
of $108,298.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Nora, 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 Nora, VA,
is $126,807.00, with the most expensive house
in Nora, VA, topping out
at $408,556.00 and the cheapest home
in Nora, VA,
clocking in at $10,773.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Nora, VA!
Rent Prices
In Nora, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Nora, VA, is on
a rollercoaster ride. The
average rent price in Nora, VA,
is $810.00. Indeed, when looking to rent in
Nora, VA, you can expect to pay as little
as $570.00 or as much
as $1,260.00,
with the average rent median estimated to
be $800.00. The good news is that finding
an affordable and desirable property to rent in Nora, 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.
Learn more on Foreclosure homes
