Phenix, VA Foreclosures
How much do homes sell for in Phenix, VA?
The average home price is currently $180,933.
In Phenix, VA, how many homes are available?
There are currently 5 active home listings available in Phenix.
What’s the average rental cost in Phenix, VA?
The average rental price in Phenix is $1,100.
What is the most expensive home in Phenix?
The most expensive home sold in Phenix had a price of $979,261.
What is currently the cheapest priced home in Phenix, VA?
The cheapest home for sale in Phenix is priced at $16,267.
Living in Phenix, VA
Phenix, Virginia is a picturesque small town that offers a quiet and friendly lifestyle. With its close-knit community, residents enjoy easy access to the outdoors and local amenities. The area is family-friendly and provides a unique blend of rural charm and modern conveniences.
Current Market Conditions in Phenix, VA
The Phenix housing market has been relatively stable, with a moderate amount of buying activity. The demand for homes is consistent, primarily driven by local families and those looking to escape urban environments for a quieter lifestyle. Prices have remained steady, with slight increases in property values over the past year as more buyers are discovering the benefits of small-town living.
Over the last month, the number of homes sold in Phenix has shown a slight increase, indicating a positive trend in the local market. Buyers are becoming more interested in properties that offer land and space, which is typical for the current demand in rural Virginia. Listing times have shortened slightly as well, reflecting a competitive yet stable market.
Home Value Estimator For Phenix, VA
There are currently 262 real estate properties
in Phenix, VA,
with a median automated valuation model (AVM) price
of $154,026.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Phenix, 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 Phenix, VA,
is $180,933.00, with the most expensive house
in Phenix, VA, topping out
at $979,261.00 and the cheapest home
in Phenix, VA,
clocking in at $16,267.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Phenix, VA!
Rent Prices
In Phenix, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Phenix, VA, is on
a rollercoaster ride. The
average rent price in Phenix, VA,
is $1,100.00. Indeed, when looking to rent in
Phenix, VA, you can expect to pay as little
as $570.00 or as much
as $2,040.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Phenix, 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
