Scottsburg, VA Foreclosures
How much do homes sell for in Scottsburg, VA?
The average home price is currently $151,359.
What’s the average rental cost in Scottsburg, VA?
The average rental price in Scottsburg is $862.
What is the most expensive home in Scottsburg?
The most expensive home sold in Scottsburg had a price of $2,247,128.
What is currently the cheapest priced home in Scottsburg, VA?
The cheapest home for sale in Scottsburg is priced at $12,300.
Living in Scottsburg, VA
Scottsburg is a small, close-knit community located in the heart of Virginia. With its rich history and rustic charm, residents enjoy a peaceful lifestyle surrounded by nature. The area offers a range of outdoor activities, historical sites, and a friendly atmosphere that attracts families and retirees alike.
Current Market Conditions in Scottsburg, VA
Scottsburg's real estate market has shown resilience over the past several years, maintaining a balanced supply and demand ratio. The community is seeing a gradual influx of buyers seeking affordable homes, leading to stable pricing. Properties in the area typically appeal to first-time homebuyers and retirees, contributing to a healthy and varied market.
Recent trends indicate an increase in interest for rural living, particularly in regions like Scottsburg, where the pace of life slows down compared to urban centers. The market has seen a modest increase in home values as more people seek refuge from crowded city environments, making this a promising area for real estate investment.
Home Value Estimator For Scottsburg, VA
There are currently 733 real estate properties
in Scottsburg, VA,
with a median automated valuation model (AVM) price
of $136,824.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Scottsburg, 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 Scottsburg, VA,
is $151,359.00, with the most expensive house
in Scottsburg, VA, topping out
at $2,247,128.00 and the cheapest home
in Scottsburg, VA,
clocking in at $12,300.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Scottsburg, VA!
Rent Prices
In Scottsburg, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Scottsburg, VA, is on
a rollercoaster ride. The
average rent price in Scottsburg, VA,
is $862.00. Indeed, when looking to rent in
Scottsburg, VA, you can expect to pay as little
as $500.00 or as much
as $1,920.00,
with the average rent median estimated to
be $810.00. The good news is that finding
an affordable and desirable property to rent in Scottsburg, 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.
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