Saxis, VA Foreclosures
How much do homes sell for in Saxis, VA?
The average home price is currently $213,356.
In Saxis, VA, how many homes are available?
There are currently 40 active home listings available in Saxis.
What’s the average rental cost in Saxis, VA?
The average rental price in Saxis is $920.
What is the most expensive home in Saxis?
The most expensive home sold in Saxis had a price of $797,140.
What is currently the cheapest priced home in Saxis, VA?
The cheapest home for sale in Saxis is priced at $16,000.
Living in Saxis, VA
Saxis, Virginia, is a charming small town on the Eastern Shore, offering a serene lifestyle with beautiful waterfront views. Known for its close-knit community and outdoor activities, it provides a peaceful environment ideal for fishing, boating, and enjoying nature. With a mix of history and community spirit, Saxis is a wonderful place for those seeking tranquility.
Current Market Conditions in Saxis, VA
Currently, the real estate market in Saxis is characterized by a limited inventory, which is leading to a competitive environment for buyers. The average home price has seen a gradual increase, influenced by its desirable coastal location. While the market remains small, properties are being snapped up quickly, particularly by those looking for a holiday home or a quieter place to retire.
The trend over the last year shows an increasing interest in smaller towns like Saxis, as more individuals seek homes away from urban environments. This shift is reflected in property values, which have been resilient due to the area's appeal as a retreat destination.
Home Value Estimator For Saxis, VA
There are currently 152 real estate properties
in Saxis, VA,
with a median automated valuation model (AVM) price
of $188,263.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Saxis, 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 Saxis, VA,
is $213,356.00, with the most expensive house
in Saxis, VA, topping out
at $797,140.00 and the cheapest home
in Saxis, VA,
clocking in at $16,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Saxis, VA!
Rent Prices
In Saxis, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Saxis, VA, is on
a rollercoaster ride. The
average rent price in Saxis, VA,
is $920.00. Indeed, when looking to rent in
Saxis, VA, you can expect to pay as little
as $830.00 or as much
as $1,010.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Saxis, 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.