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Foreclosures 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 $440,482.
In Reedville, VA, how many homes are available?
There are currently 11 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 $2,181,414.
What is currently the cheapest priced home in Reedville, VA?
The cheapest home for sale in Reedville is priced at $30,421.

Living in Reedville, VA

Reedville, VA, is a picturesque waterfront community known for its strong maritime heritage and serene environment. Residents enjoy various outdoor and recreational activities, making it ideal for families and retirees alike. With local shops and access to seafood dining, Reedville offers a cozy and laid-back lifestyle.

Current Market Conditions in Reedville, VA

Current housing market trends in Reedville indicate a strong demand for waterfront properties, although inventory remains limited. The area is increasingly popular among buyers seeking vacation homes or permanent residence away from urban centers, leading to rising property values. Due to its picturesque location and small-town charm, homes here tend to sell quickly, often at or above asking price.

The market reflects a healthy balance of supply and demand, with an influx of new buyers looking for affordable waterfront opportunities amidst a historically stable real estate environment. As developers and investors take notice, new constructions are gradually emerging, indicating positive growth potential for the future.

Home Value Estimator For Reedville, VA

There are currently 1,742 real estate properties in Reedville, VA, with a median automated valuation model (AVM) price of $407,621.00. 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 $440,482.00, with the most expensive house in Reedville, VA, topping out at $2,181,414.00 and the cheapest home in Reedville, VA, clocking in at $30,421.00. 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


Market Trend for Reedville, VA

Total Listings Available: 11

Market Values:

Home Prices from $30,421 to $2,181,414

Average Sales Price: $440,482

Rental Values:

Rental from $680 to $2,460

Average Rent Value: $1,652 / month

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