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Auctions in Springfield, VA

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Springfield, VA Foreclosures

How much do homes sell for in Springfield, VA?
The average home price is currently $782,384.
In Springfield, VA, how many homes are available?
There are currently 51 active home listings available in Springfield.
What’s the average rental cost in Springfield, VA?
The average rental price in Springfield is $2,790.
What is the most expensive home in Springfield?
The most expensive home sold in Springfield had a price of $212,887,264.
What is currently the cheapest priced home in Springfield, VA?
The cheapest home for sale in Springfield is priced at $14,770.

Living in Springfield, VA

Springfield, VA, offers a perfect blend of suburban charm and urban convenience. With accessible public transportation, vibrant shopping centers, and a rich array of restaurants, it caters to residents looking for a community-oriented lifestyle with easy access to Washington, D.C. The area is known for its parks and recreational facilities that enrich family life and community activities.

Current Market Conditions in Springfield, VA

The real estate market in Springfield, VA, has remained robust over the past several months, with steady demand and rising prices in response to limited inventory. Buyers are increasingly competing for homes, particularly in family-friendly neighborhoods and near reputable schools. The market reflects a balanced dynamic where sellers benefit from multiple offers while buyers are eager to secure homes in this desirable area.

Home Value Estimator For Springfield, VA

There are currently 32,951 real estate properties in Springfield, VA, with a median automated valuation model (AVM) price of $704,856.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Springfield, 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 Springfield, VA, is $782,384.00, with the most expensive house in Springfield, VA, topping out at $212,887,264.00 and the cheapest home in Springfield, VA, clocking in at $14,770.00. In other words, there’s something for every potential homebuyer or savvy investor in Springfield, VA!

Rent Prices In Springfield, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Springfield, VA, is on a rollercoaster ride. The average rent price in Springfield, VA, is $2,790.00. Indeed, when looking to rent in Springfield, VA, you can expect to pay as little as $1,340.00 or as much as $7,100.00, with the average rent median estimated to be $2,730.00. The good news is that finding an affordable and desirable property to rent in Springfield, 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.

Springfield, VA Auctions

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