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Foreclosures in Port Royal, VA

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Port Royal, VA Foreclosures

How much do homes sell for in Port Royal, VA?
The average home price is currently $523,866.
In Port Royal, VA, how many homes are available?
There are currently 1 active home listings available in Port Royal.
What’s the average rental cost in Port Royal, VA?
The average rental price in Port Royal is $1,271.
What is the most expensive home in Port Royal?
The most expensive home sold in Port Royal had a price of $3,018,577.
What is currently the cheapest priced home in Port Royal, VA?
The cheapest home for sale in Port Royal is priced at $69,723.

Living in Port Royal, VA

Port Royal, VA is a charming riverside town that combines a rich historical backdrop with modern amenities. Offering stunning views of the Rappahannock River, it’s perfect for those seeking a peaceful lifestyle while still being close to larger towns. Notable for its excellent schools and active community events, Port Royal is ideal for families and retirees alike.

Current Market Conditions in Port Royal, VA

The real estate market in Port Royal is currently favorable for buyers, showing a stable but slow increase in property values. The small-town charm of this area makes it appealing, and homes are being sold at a steady pace amidst rising interest rates. With its affordability compared to surrounding areas, Port Royal remains an attractive destination for first-time homebuyers and those looking to downsize.

Upcoming developments and improved connectivity to nearby larger cities are expected to enhance property values further. The market is characterized by a mix of historic homes and new constructions, answering the needs of various demographics.

Home Value Estimator For Port Royal, VA

There are currently 285 real estate properties in Port Royal, VA, with a median automated valuation model (AVM) price of $382,012.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Port Royal, 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 Port Royal, VA, is $523,866.00, with the most expensive house in Port Royal, VA, topping out at $3,018,577.00 and the cheapest home in Port Royal, VA, clocking in at $69,723.00. In other words, there’s something for every potential homebuyer or savvy investor in Port Royal, VA!

Rent Prices In Port Royal, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Port Royal, VA, is on a rollercoaster ride. The average rent price in Port Royal, VA, is $1,271.00. Indeed, when looking to rent in Port Royal, VA, you can expect to pay as little as $890.00 or as much as $2,080.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Port Royal, 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.

Port Royal, VA Foreclosures


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