Phenix, VA Foreclosures
How much do homes sell for in Phenix, VA?
The average home price is currently $181,837.
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 $978,095.
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 small but charming town surrounded by scenic countryside. The area boasts a tight-knit community feel with access to beautiful outdoor spaces and various local amenities. With a blend of historic character and modern convenience, Phenix offers an inviting lifestyle for families and individuals alike.
Current Market Conditions in Phenix, VA
The real estate market in Phenix has shown a steady trend of growth in recent months. Prices are beginning to rise slightly due to increased interest from buyers looking for more affordable housing in quieter settings. Inventory levels remain stable, but with a slight drop in the number of homes for sale as people recognize the charm and value of the area.
In the last year, Phenix has become increasingly attractive to homebuyers seeking serene living, which has led to a slight increase in property values. The community's unique characteristics, combined with a strong connection to nature and outdoor activities, contribute positively to market interest.
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 $154,765.00. 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 $181,837.00, with the most expensive house
in Phenix, VA, topping out
at $978,095.00 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
