Spout Spring, VA Foreclosures
How much do homes sell for in Spout Spring, VA?
The average home price is currently $292,013.
In Spout Spring, VA, how many homes are available?
There are currently 8 active home listings available in Spout Spring.
What’s the average rental cost in Spout Spring, VA?
The average rental price in Spout Spring is $1,188.
What is the most expensive home in Spout Spring?
The most expensive home sold in Spout Spring had a price of $4,701,100.
What is currently the cheapest priced home in Spout Spring, VA?
The cheapest home for sale in Spout Spring is priced at $52,869.
Living in Spout Spring, VA
Spout Spring, VA is a charming rural community in Campbell County, known for its beautiful natural landscapes and friendly atmosphere. This small town provides a relaxed lifestyle with plenty of outdoor activities, local shops, and community events. It's perfect for those seeking a peaceful retreat while still having easy access to city amenities.
Current Market Conditions in Spout Spring, VA
The real estate market in Spout Spring has shown consistent growth in recent years. With its appealing rural setting, many buyers are looking for properties in this area, causing a slight increase in home values. Demand for single-family homes remains steady, as potential homeowners are attracted to the affordability and charm of the community.
Furthermore, the market is seeing an increase in new constructions, catering to the rising interest among homebuyers. Buyers are particularly drawn to larger lots and properties with outdoor space, a trend that has been emphasizing the need for more spacious homes as remote work continues to be popular.
Home Value Estimator For Spout Spring, VA
There are currently 919 real estate properties
in Spout Spring, VA,
with a median automated valuation model (AVM) price
of $278,293.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Spout Spring, 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 Spout Spring, VA,
is $292,013.00, with the most expensive house
in Spout Spring, VA, topping out
at $4,701,100.00 and the cheapest home
in Spout Spring, VA,
clocking in at $52,869.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Spout Spring, VA!
Rent Prices
In Spout Spring, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Spout Spring, VA, is on
a rollercoaster ride. The
average rent price in Spout Spring, VA,
is $1,188.00. Indeed, when looking to rent in
Spout Spring, VA, you can expect to pay as little
as $700.00 or as much
as $1,950.00,
with the average rent median estimated to
be $1,190.00. The good news is that finding
an affordable and desirable property to rent in Spout Spring, 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.
Learn more on Foreclosure homes
