Vernon Hill, VA Foreclosures
How much do homes sell for in Vernon Hill, VA?
The average home price is currently $178,004.
What’s the average rental cost in Vernon Hill, VA?
The average rental price in Vernon Hill is $939.
What is the most expensive home in Vernon Hill?
The most expensive home sold in Vernon Hill had a price of $921,770.
What is currently the cheapest priced home in Vernon Hill, VA?
The cheapest home for sale in Vernon Hill is priced at $14,003.
Living in Vernon Hill, VA
Vernon Hill, VA is a quaint community that offers a peaceful lifestyle surrounded by nature. Known for its friendly atmosphere, it boasts beautiful parks, reputable schools, and a close-knit community spirit. It’s an ideal location for those looking to escape the hustle and bustle of city life.
Current Market Conditions in Vernon Hill, VA
Vernon Hill's real estate market has been showing steady growth over the past few months. Due to its appealing rural lifestyle and expanding amenities, there is a growing interest from homebuyers, which is driving demand. The overall market remains competitive, especially for family homes which are in high demand.
The area is seeing a trend of rising property values as more people realize the benefits of living in Vernon Hill. This is reflected in the increasing number of home purchases and overall investment in the community. The market is supported by a variety of home types, which caters to both new families and retirees.
Home Value Estimator For Vernon Hill, VA
There are currently 447 real estate properties
in Vernon Hill, VA,
with a median automated valuation model (AVM) price
of $156,872.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Vernon Hill, 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 Vernon Hill, VA,
is $178,004.00, with the most expensive house
in Vernon Hill, VA, topping out
at $921,770.00 and the cheapest home
in Vernon Hill, VA,
clocking in at $14,003.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Vernon Hill, VA!
Rent Prices
In Vernon Hill, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Vernon Hill, VA, is on
a rollercoaster ride. The
average rent price in Vernon Hill, VA,
is $939.00. Indeed, when looking to rent in
Vernon Hill, VA, you can expect to pay as little
as $570.00 or as much
as $1,960.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Vernon Hill, 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.