Living in Parrott, VA
Parrott, VA is a quaint rural community surrounded by natural beauty and outdoor recreational opportunities. Residents enjoy a relaxed pace of living, with easy access to nearby amenities. The area is perfect for those seeking a close-knit community and a connection to nature.
Current Market Conditions in Parrott, VA
The real estate market in Parrott, VA has shown steady growth over the past few years, driven by increasing demand for rural properties and a desire for more space as remote work becomes more common. Home buyers are attracted to the area for its charm, affordability, and the promise of a quieter lifestyle, contributing to a competitive market with limited inventory.
Home Value Estimator For Parrott, VA
There are currently 215 real estate properties
in Parrott, VA,
with a median automated valuation model (AVM) price
of $131,448.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Parrott, 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 Parrott, VA,
is $142,149.00, with the most expensive house
in Parrott, VA, topping out
at $531,924.00 and the cheapest home
in Parrott, VA,
clocking in at $16,733.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Parrott, VA!
Rent Prices
In Parrott, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Parrott, VA, is on
a rollercoaster ride. The
average rent price in Parrott, VA,
is $917.00. Indeed, when looking to rent in
Parrott, VA, you can expect to pay as little
as $610.00 or as much
as $1,570.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Parrott, 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.
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