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Condo Foreclosures in Palmyra, VA

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Palmyra, VA Foreclosures

How much do homes sell for in Palmyra, VA?
The average home price is currently $419,918.
What’s the average rental cost in Palmyra, VA?
The average rental price in Palmyra is $1,587.
What is the most expensive home in Palmyra?
The most expensive home sold in Palmyra had a price of $11,518,725.
What is currently the cheapest priced home in Palmyra, VA?
The cheapest home for sale in Palmyra is priced at $16,062.

Living in Palmyra, VA

Palmyra, VA, is a quaint town that boasts inviting charm and community-focused living. Nestled in Fluvanna County, it offers affordable housing options and a variety of outdoor activities. The town combines tranquility with convenient access to urban amenities nearby, making it a great location for families and retirees alike.

Current Market Conditions in Palmyra, VA

Palmyra's real estate market is currently steady, with prices experiencing slow and gradual appreciation over the past year. The affordability of homes here compared to neighboring areas like Charlottesville has made it increasingly sought after by first-time homebuyers and retirees.

The market is characterized by a limited inventory of homes, which has led to competitive bidding in certain price ranges. This trend may continue as new developments and renovations attract more residents to the area.

Home Value Estimator For Palmyra, VA

There are currently 7,683 real estate properties in Palmyra, VA, with a median automated valuation model (AVM) price of $369,937.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palmyra, 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 Palmyra, VA, is $419,918.00, with the most expensive house in Palmyra, VA, topping out at $11,518,725.00 and the cheapest home in Palmyra, VA, clocking in at $16,062.00. In other words, there’s something for every potential homebuyer or savvy investor in Palmyra, VA!

Rent Prices In Palmyra, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palmyra, VA, is on a rollercoaster ride. The average rent price in Palmyra, VA, is $1,587.00. Indeed, when looking to rent in Palmyra, VA, you can expect to pay as little as $910.00 or as much as $3,860.00, with the average rent median estimated to be $1,580.00. The good news is that finding an affordable and desirable property to rent in Palmyra, 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.

Palmyra, VA Condos


Market Trend for Palmyra, VA

Total Listings Available: 0

Market Values:

Home Prices from $16,062 to $11,518,725

Average Sales Price: $419,918

Rental Values:

Rental from $910 to $3,860

Average Rent Value: $1,587 / month

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