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Short Sale Listings in Wachapreague, VA

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Living in Wachapreague, VA

Wachapreague, VA is a peaceful coastal town on Virginia's Eastern Shore, offering a quiet lifestyle surrounded by nature. It is ideal for outdoor enthusiasts and those seeking a close-knit community atmosphere. With scenic waterfront views and access to local amenities, it provides a perfect balance of relaxation and convenience.

Current Market Conditions in Wachapreague, VA

The real estate market in Wachapreague is currently characterized by a stable demand for properties, particularly those with waterfront access. Buyers are increasingly attracted to the town for its peaceful environment and outdoor recreational activities, resulting in a steady influx of new residents seeking second homes or retirement options.

With the shift towards remote work, more individuals are looking for homes in less densely populated areas, sparking growth in Wachapreague's housing market. The combination of attractive pricing compared to larger metropolitan areas and a desirable living environment has created a favorable market for sellers.

Home Value Estimator For Wachapreague, VA

There are currently 186 real estate properties in Wachapreague, VA, with a median automated valuation model (AVM) price of $233,089.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wachapreague, 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 Wachapreague, VA, is $245,340.00, with the most expensive house in Wachapreague, VA, topping out at $689,141.00 and the cheapest home in Wachapreague, VA, clocking in at $14,080.00. In other words, there’s something for every potential homebuyer or savvy investor in Wachapreague, VA!

Rent Prices In Wachapreague, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wachapreague, VA, is on a rollercoaster ride. The average rent price in Wachapreague, VA, is $943.00. Indeed, when looking to rent in Wachapreague, VA, you can expect to pay as little as $670.00 or as much as $2,160.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Wachapreague, 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.

Wachapreague, VA Short Sale Listings

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