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Preforeclosure Homes in Reedville, VA

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Reedville, VA Foreclosures

How much do homes sell for in Reedville, VA?
The average home price is currently $438,972.
In Reedville, VA, how many homes are available?
There are currently 3 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 $2,162,778.
What is currently the cheapest priced home in Reedville, VA?
The cheapest home for sale in Reedville is priced at $19,544.

Living in Reedville, VA

Reedville, VA is a charming waterfront community on the Northern Neck, known for its rich seafood history and serene bay views. The town provides residents with a tight-knit community, local amenities, and a plethora of outdoor activities, making it an attractive place for families and retirees alike. With its unique small-town charm, Reedville offers a peaceful lifestyle surrounded by nature.

Current Market Conditions in Reedville, VA

The real estate market in Reedville shows stability, with a gradual increase in property values over the past year. The area remains appealing to buyers looking for waterfront properties and those seeking a quieter lifestyle away from metropolitan areas. Average days on the market have decreased slightly, indicating a competitive environment as more buyers recognize the value of this hidden gem.

Overall, listings in Reedville frequently receive multiple offers, especially for homes with waterfront views, due to the limited inventory and increased interest from both local and out-of-town buyers. With attractive sales prices and charming homes, the market is expected to continue its upward trend.

Home Value Estimator For Reedville, VA

There are currently 1,939 real estate properties in Reedville, VA, with a median automated valuation model (AVM) price of $401,450.00. 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 $438,972.00, with the most expensive house in Reedville, VA, topping out at $2,162,778.00 and the cheapest home in Reedville, VA, clocking in at $19,544.00. 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 Preforeclosure Homes


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