Speedwell, VA Foreclosures
How much do homes sell for in Speedwell, VA?
The average home price is currently $187,583.
What’s the average rental cost in Speedwell, VA?
The average rental price in Speedwell is $972.
What is the most expensive home in Speedwell?
The most expensive home sold in Speedwell had a price of $1,478,761.
What is currently the cheapest priced home in Speedwell, VA?
The cheapest home for sale in Speedwell is priced at $12,685.
Living in Speedwell, VA
Speedwell, VA is a tranquil community located in the heart of the Appalachian Mountains, characterized by its natural beauty and tight-knit community atmosphere. The area offers residents access to various outdoor activities such as hiking and fishing, along with essential local amenities. With its serene lifestyle and historical charm, Speedwell is ideal for families and retirees.
Current Market Conditions in Speedwell, VA
Overall, the real estate market in Speedwell, VA has shown signs of stability, with a steady demand for properties in recent years. Homes in this area are often sought after due to the beautiful surroundings and community feel, making it a desirable location for buyers looking for quieter living away from the city hustle.
As of late 2023, buyers can find a mix of traditional homes and plots of farmland, offering flexibility in property types. The average home price has remained stable, making this area attractive for first-time buyers and those interested in investment properties.
Home Value Estimator For Speedwell, VA
There are currently 254 real estate properties
in Speedwell, VA,
with a median automated valuation model (AVM) price
of $142,908.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Speedwell, 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 Speedwell, VA,
is $187,583.00, with the most expensive house
in Speedwell, VA, topping out
at $1,478,761.00 and the cheapest home
in Speedwell, VA,
clocking in at $12,685.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Speedwell, VA!
Rent Prices
In Speedwell, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Speedwell, VA, is on
a rollercoaster ride. The
average rent price in Speedwell, VA,
is $972.00. Indeed, when looking to rent in
Speedwell, VA, you can expect to pay as little
as $460.00 or as much
as $2,440.00,
with the average rent median estimated to
be $910.00. The good news is that finding
an affordable and desirable property to rent in Speedwell, 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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