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Foreclosure Homes in Radford, VA 24142

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Radford, VA Foreclosures

How much do homes sell for in Radford, VA?
The average home price is currently $315,069.
What’s the average rental cost in Radford, VA?
The average rental price in Radford is $1,195.
What is the most expensive home in Radford?
The most expensive home sold in Radford had a price of $7,548,041.
What is currently the cheapest priced home in Radford, VA?
The cheapest home for sale in Radford is priced at $11,914.

Living in Radford, VA

Radford, Virginia, is a charming small city that combines historical legacy with natural beauty. It features lovely parks along the New River and an engaging downtown area with local shops and eateries. Home to Radford University, the city has a youthful energy and a welcoming community.

Current Market Conditions in Radford, VA

Radford's real estate market is currently showing signs of growth, with an increase in both the demand for rental properties and homes for sale. Inventory levels remain low, which is contributing to upward pressure on home prices.

The market has become more competitive, especially in desirable neighborhoods close to Radford University, where potential buyers are actively seeking homes. As interest rates fluctuate, there are opportunities for buyers to negotiate favorable deals.

Home Value Estimator For Radford, VA

There are currently 5,063 real estate properties in Radford, VA, with a median automated valuation model (AVM) price of $264,218.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Radford, 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 Radford, VA, is $315,069.00, with the most expensive house in Radford, VA, topping out at $7,548,041.00 and the cheapest home in Radford, VA, clocking in at $11,914.00. In other words, there’s something for every potential homebuyer or savvy investor in Radford, VA!

Rent Prices In Radford, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Radford, VA, is on a rollercoaster ride. The average rent price in Radford, VA, is $1,195.00. Indeed, when looking to rent in Radford, VA, you can expect to pay as little as $510.00 or as much as $3,270.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Radford, 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.

Radford, VA 24142 Foreclosures

Market Trend for Radford, VA

Total Listings Available: 0

Market Values:

Home Prices from $11,914 to $7,548,041

Average Sales Price: $315,069

Rental Values:

Rental from $510 to $3,270

Average Rent Value: $1,195 / month

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