Tangier, VA Foreclosures
How much do homes sell for in Tangier, VA?
The average home price is currently $117,470.
What’s the average rental cost in Tangier, VA?
The average rental price in Tangier is $884.
What is the most expensive home in Tangier?
The most expensive home sold in Tangier had a price of $601,004.
What is currently the cheapest priced home in Tangier, VA?
The cheapest home for sale in Tangier is priced at $40,010.
Living in Tangier, VA
Tangier, VA, is a serene island town in the Chesapeake Bay offering a close-knit community and picturesque scenery. Known for its rich maritime culture, the area provides numerous outdoor activities like fishing and crabbing. With its historical charm and tranquil lifestyle, Tangier is ideal for those seeking refuge from the hustle and bustle of city living.
Current Market Conditions in Tangier, VA
The real estate market in Tangier, VA, is unique due to its island location, drawing interest from buyers looking for vacation homes or retirement properties. Properties here tend to be limited, with a mix of charming historic homes and newer constructions available. The market remains steady with occasional spikes in interest, especially during the summer months when seasonal visitors increase.
In recent developments, there has been a slight increase in property values, attributed to a growing interest in island living. As remote work becomes more prevalent, potential buyers from nearby states are exploring the possibility of owning a piece of this tranquil paradise, thereby boosting demand.
Home Value Estimator For Tangier, VA
There are currently 199 real estate properties
in Tangier, VA,
with a median automated valuation model (AVM) price
of $101,921.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Tangier, 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 Tangier, VA,
is $117,470.00, with the most expensive house
in Tangier, VA, topping out
at $601,004.00 and the cheapest home
in Tangier, VA,
clocking in at $40,010.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Tangier, VA!
Rent Prices
In Tangier, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Tangier, VA, is on
a rollercoaster ride. The
average rent price in Tangier, VA,
is $884.00. Indeed, when looking to rent in
Tangier, VA, you can expect to pay as little
as $670.00 or as much
as $1,510.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Tangier, 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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