Spout Spring, VA Foreclosures
How much do homes sell for in Spout Spring, VA?
The average home price is currently $247,992.
In Spout Spring, VA, how many homes are available?
There are currently 7 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 $844,684.
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 is a quaint community nestled in the beautiful surroundings of Virginia. It offers a serene atmosphere with access to various outdoor activities, making it perfect for nature enthusiasts. The area features local amenities that cater to residents' needs, providing a cozy, small-town feel.
Current Market Conditions in Spout Spring, VA
The Spout Spring real estate market has been experiencing steady growth over the past few years, driven by an influx of new residents seeking the tranquility of rural living while still being close to larger urban centers. Distance from busy cities has made Spout Spring an attractive option for those working remotely or looking to escape the fast pace of city life.
There is a diverse range of properties available, from charming historic homes to modern developments, catering to various budgets and preferences. Market demand continues to rise, with many buyers attracted to the community for its scenic beauty and slower lifestyle.
Home Value Estimator For Spout Spring, VA
There are currently 746 real estate properties
in Spout Spring, VA,
with a median automated valuation model (AVM) price
of $250,788.00. 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 $247,992.00, with the most expensive house
in Spout Spring, VA, topping out
at $844,684.00 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.