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Short Sale Listings 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 $437,817.
In Reedville, VA, how many homes are available?
There are currently 2 active home listings available in Reedville.
What’s the average rental cost in Reedville, VA?
The average rental price in Reedville is $1,654.
What is the most expensive home in Reedville?
The most expensive home sold in Reedville had a price of $2,161,000.
What is currently the cheapest priced home in Reedville, VA?
The cheapest home for sale in Reedville is priced at $30,457.

Living in Reedville, VA

Reedville, a charming waterfront village located in Northumberland County, Virginia, is well-known for its scenic views of the Chesapeake Bay. This small community boasts a rich history, offering residents a peaceful lifestyle with local amenities just a short drive away. With its ideal location, Reedville provides easy access to outdoor activities like fishing and boating, making it a perfect spot for nature enthusiasts.

Current Market Conditions in Reedville, VA

Reedville's real estate market remains stable, characterized by a mix of seasonal homes and year-round residences. The demand for waterfront properties has grown, driven by buyers seeking vacation homes or permanent residencies near the water. The market shows a steady increase in home values over the past year, making it a promising area for investment.

Despite its small size, Reedville has attracted attention from many potential buyers looking for a peaceful retreat from urban life. Interest in homes has surged, particularly those with waterfront views. Homes in this area typically sell quickly, reflecting the overall trend of rising values as more people discover the unique charm of Reedville.

Home Value Estimator For Reedville, VA

There are currently 1,738 real estate properties in Reedville, VA, with a median automated valuation model (AVM) price of $407,160.00. 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 $437,817.00, with the most expensive house in Reedville, VA, topping out at $2,161,000.00 and the cheapest home in Reedville, VA, clocking in at $30,457.00. 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 $1,654.00. 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 Short Sale Listings

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