Patrick Springs, VA Foreclosures
How much do homes sell for in Patrick Springs, VA?
The average home price is currently $167,718.
In Patrick Springs, VA, how many homes are available?
There are currently 1 active home listings available in Patrick Springs.
What’s the average rental cost in Patrick Springs, VA?
The average rental price in Patrick Springs is $988.
What is the most expensive home in Patrick Springs?
The most expensive home sold in Patrick Springs had a price of $721,089.
What is currently the cheapest priced home in Patrick Springs, VA?
The cheapest home for sale in Patrick Springs is priced at $13,590.
Living in Patrick Springs, VA
Patrick Springs, Virginia is a charming and tranquil community surrounded by the beautiful Blue Ridge Mountains. It offers a mix of rural charm and modern conveniences, making it an attractive location for families and retirees. The area boasts excellent outdoor activities, friendly neighbors, and a strong sense of community.
Current Market Conditions in Patrick Springs, VA
The real estate market in Patrick Springs, VA is currently experiencing steady growth. Homes are in demand as more people seek out the tranquility and natural beauty of the area. Despite the overall increase in housing prices, there are still a variety of options available for different budgets, making it an appealing market for both buyers and investors.
There has been a noticeable increase in the number of properties sold over the past few months, and the average time on the market has decreased, indicating a competitive landscape. Many homes have seen renovations and updates, appealing to a wide range of buyers looking for modern conveniences in a rural setting.
Home Value Estimator For Patrick Springs, VA
There are currently 968 real estate properties
in Patrick Springs, VA,
with a median automated valuation model (AVM) price
of $151,833.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Patrick Springs, 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 Patrick Springs, VA,
is $167,718.00, with the most expensive house
in Patrick Springs, VA, topping out
at $721,089.00 and the cheapest home
in Patrick Springs, VA,
clocking in at $13,590.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Patrick Springs, VA!
Rent Prices
In Patrick Springs, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Patrick Springs, VA, is on
a rollercoaster ride. The
average rent price in Patrick Springs, VA,
is $988.00. Indeed, when looking to rent in
Patrick Springs, VA, you can expect to pay as little
as $580.00 or as much
as $2,050.00,
with the average rent median estimated to
be $930.00. The good news is that finding
an affordable and desirable property to rent in Patrick Springs, 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
