Parrott, VA Foreclosures
Current Market Conditions in in Parrott, VA As of March 2026?
In the last month, Parrott's real estate market has experienced a slight uptick in activity as buyers have returned after a brief winter lull. There has been an increase in inquiries and showings, with several homes going under contract within days of being listed. This uptick can be attributed to seasonal changes that encourage families and individuals to relocate for work or lifestyle improvements. The steady demand indicates that Parrott remains a desirable location due to its affordability and amenities, although price growth remains modest.
How much do homes sell for in Parrott, VA?
The average home price is currently $145,242.
What’s the average rental cost in Parrott, VA?
The average rental price in Parrott is $917.
What is the most expensive home in Parrott?
The most expensive home sold in Parrott had a price of $520,637.
What is currently the cheapest priced home in Parrott, VA?
The cheapest home for sale in Parrott is priced at $16,608.
Living in Parrott, VA
Parrott, VA, is a charming small town nestled in the Appalachian Mountains, offering a peaceful lifestyle with scenic views. With friendly neighbors and outdoor recreational opportunities, it is perfect for families and those seeking a slower pace of life. The town provides easy access to larger cities while maintaining its rural character.
Buyer vs Seller Market in Parrott, VA
The real estate market in Parrott, VA, has shown stability in recent months with a balanced inventory of homes. The demand for homes remains steady, particularly among families and retirees looking for a peaceful lifestyle set against a beautiful backdrop. Prices have maintained a consistent range, making it an appealing area for both buyers and investors.
Home values have seen modest appreciation, thanks to the area's natural beauty and community-focused living conditions. This trend is expected to continue, as more people realize the charm and tranquility that Parrott offers.
Home Value Estimator For Parrott, VA
There are currently 216 real estate properties
in Parrott, VA,
with a median automated valuation model (AVM) price
of $132,560.00. 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 $145,242.00, with the most expensive house
in Parrott, VA, topping out
at $520,637.00 and the cheapest home
in Parrott, VA,
clocking in at $16,608.00. 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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