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Foreclosure Homes in Shipman, VA 22971

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Shipman, VA Foreclosures

How much do homes sell for in Shipman, VA?
The average home price is currently $304,200.
In Shipman, VA, how many homes are available?
There are currently 5 active home listings available in Shipman.
What’s the average rental cost in Shipman, VA?
The average rental price in Shipman is $1,240.
What is the most expensive home in Shipman?
The most expensive home sold in Shipman had a price of $5,808,509.
What is currently the cheapest priced home in Shipman, VA?
The cheapest home for sale in Shipman is priced at $24,603.

Living in Shipman, VA

Shipman is a quaint rural community nestled in the foothills of the Blue Ridge Mountains. Known for its serene landscapes and tight-knit atmosphere, this area provides a peaceful retreat from the hustle and bustle of city life. Residents enjoy easy access to outdoor activities such as hiking, fishing, and horseback riding, making it an ideal spot for nature enthusiasts.

Current Market Conditions in Shipman, VA

The real estate market in Shipman has shown a steady increase in demand over the past few years, especially as more people seek the peace of rural living. Buyers are attracted to the scenic views and the spacious lots available in this area.

Recent trends indicate a growing interest in properties with land, particularly for those looking to start small farms or maintain a homestead. This shift in buyer preference has led to a slight uptick in home prices, reflecting the area’s desirability.

Home Value Estimator For Shipman, VA

There are currently 775 real estate properties in Shipman, VA, with a median automated valuation model (AVM) price of $237,862.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shipman, 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 Shipman, VA, is $304,200.00, with the most expensive house in Shipman, VA, topping out at $5,808,509.00 and the cheapest home in Shipman, VA, clocking in at $24,603.00. In other words, there’s something for every potential homebuyer or savvy investor in Shipman, VA!

Rent Prices In Shipman, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shipman, VA, is on a rollercoaster ride. The average rent price in Shipman, VA, is $1,240.00. Indeed, when looking to rent in Shipman, VA, you can expect to pay as little as $620.00 or as much as $2,790.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Shipman, 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.

Shipman, VA 22971 Foreclosures


Market Trend for Shipman, VA

Total Listings Available: 5

Market Values:

Home Prices from $24,603 to $5,808,509

Average Sales Price: $304,200

Rental Values:

Rental from $620 to $2,790

Average Rent Value: $1,240 / month

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