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Foreclosures in Reedville, VA

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Reedville, VA Foreclosures

Current Market Conditions in in Reedville, VA As of March 2026?
Over the past month, Reedville's real estate market has remained competitive, with an uptick in interested buyers and several properties moving quickly due to limited inventory. The price of homes continues to maintain its upward trajectory, reflecting both the desirability and the consistent demand for coastal living. Additionally, new listings have slowed, indicating a potential squeeze on available options for buyers looking for homes in this scenic area.
How much do homes sell for in Reedville, VA?
The average home price is currently $440,256.
In Reedville, VA, how many homes are available?
There are currently 1 active home listings available in Reedville.
What’s the average rental cost in Reedville, VA?
The average rental price in Reedville is $1,652.
What is the most expensive home in Reedville?
The most expensive home sold in Reedville had a price of $1,989,564.
What is currently the cheapest priced home in Reedville, VA?
The cheapest home for sale in Reedville is priced at $19,484.

Living in Reedville, VA

Reedville, VA is a charming coastal town located on the Northern Neck of Virginia. Known for its rich maritime heritage, Reedville offers a relaxed lifestyle with beautiful waterfront views. The community is perfect for outdoor enthusiasts, providing numerous activities like boating and fishing.

Buyer vs Seller Market in Reedville, VA

The real estate market in Reedville has seen a steady increase in demand, particularly among retirees and those looking for vacation homes. Despite its small size, the area has become attractive due to its scenic location by the water, which has led to a growth in home values over the past few years. The current market shows limited inventory, making it a competitive environment for buyers.

The market trends indicate that buyers are willing to pay a premium for properties with waterfront views or access. This trend reflects the area's desirability, especially for those seeking a leisurely lifestyle away from the hustle and bustle of larger cities.

Home Value Estimator For Reedville, VA

There are currently 1,940 real estate properties in Reedville, VA, with a median automated valuation model (AVM) price of $404,795.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Reedville, 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 Reedville, VA, is $440,256.00, with the most expensive house in Reedville, VA, topping out at $1,989,564.00 and the cheapest home in Reedville, VA, clocking in at $19,484.00. In other words, there’s something for every potential homebuyer or savvy investor in Reedville, VA!

Rent Prices In Reedville, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Reedville, VA, is on a rollercoaster ride. The average rent price in Reedville, VA, is $1,652.00. Indeed, when looking to rent in Reedville, VA, you can expect to pay as little as $680.00 or as much as $2,460.00, with the average rent median estimated to be $1,610.00. The good news is that finding an affordable and desirable property to rent in Reedville, 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.

Reedville, VA Foreclosures


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