Pungoteague, VA Foreclosures
How much do homes sell for in Pungoteague, VA?
The average home price is currently $280,539.
In Pungoteague, VA, how many homes are available?
There are currently 3 active home listings available in Pungoteague.
What’s the average rental cost in Pungoteague, VA?
The average rental price in Pungoteague is $1,022.
What is the most expensive home in Pungoteague?
The most expensive home sold in Pungoteague had a price of $598,743.
What is currently the cheapest priced home in Pungoteague, VA?
The cheapest home for sale in Pungoteague is priced at $60,218.
Living in Pungoteague, VA
Pungoteague, VA, is a picturesque small town nestled on the Eastern Shore, offering a serene and friendly atmosphere. Known for its outdoor recreational opportunities, the area boasts a rich natural environment with numerous parks and waterfront access. Residents enjoy a relaxed lifestyle while being conveniently located near larger communities for shopping and entertainment.
Current Market Conditions in Pungoteague, VA
The real estate market in Pungoteague is currently stable, with a modest increase in home prices due to the town's desirable location and outdoor lifestyle offerings. The demand for homes has been gradually rising as more people seek a peaceful retreat away from urban areas.
Investors are noticing Pungoteague as an attractive option, particularly for second homes and vacation rentals, as it provides a combination of affordability and low-key living. However, homes are selling relatively quickly when they hit the market, indicating a healthy demand.
Home Value Estimator For Pungoteague, VA
There are currently 23 real estate properties
in Pungoteague, VA,
with a median automated valuation model (AVM) price
of $276,833.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pungoteague, 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 Pungoteague, VA,
is $280,539.00, with the most expensive house
in Pungoteague, VA, topping out
at $598,743.00 and the cheapest home
in Pungoteague, VA,
clocking in at $60,218.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pungoteague, VA!
Rent Prices
In Pungoteague, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pungoteague, VA, is on
a rollercoaster ride. The
average rent price in Pungoteague, VA,
is $1,022.00. Indeed, when looking to rent in
Pungoteague, VA, you can expect to pay as little
as $830.00 or as much
as $1,210.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Pungoteague, 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
