Wake, VA Foreclosures
How much do homes sell for in Wake, VA?
The average home price is currently $413,408.
In Wake, VA, how many homes are available?
There are currently 1 active home listings available in Wake.
What’s the average rental cost in Wake, VA?
The average rental price in Wake is $1,498.
What is the most expensive home in Wake?
The most expensive home sold in Wake had a price of $1,790,607.
What is currently the cheapest priced home in Wake, VA?
The cheapest home for sale in Wake is priced at $32,584.
Living in Wake, VA
Wake, Virginia is a quaint community that exudes charm and tranquility. With its scenic landscapes and friendly atmosphere, it's the perfect place for anyone looking for a relaxed lifestyle. Its close-knit community and access to outdoor activities make it a hidden gem in Virginia.
Current Market Conditions in Wake, VA
The real estate market in Wake, VA has shown stability over the last few months, with steady demand for homes due to the area's appealing lifestyle. New listings typically receive multiple offers, reflecting the desirability of the location.
Given its rural charm and proximity to urban centers, Wake's market is increasingly attracting individuals and families seeking to escape the fast-paced city life. As such, prices are gradually trending upwards, indicating a healthy interest in property investments in the region.
Home Value Estimator For Wake, VA
There are currently 302 real estate properties
in Wake, VA,
with a median automated valuation model (AVM) price
of $360,902.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wake, 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 Wake, VA,
is $413,408.00, with the most expensive house
in Wake, VA, topping out
at $1,790,607.00 and the cheapest home
in Wake, VA,
clocking in at $32,584.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wake, VA!
Rent Prices
In Wake, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wake, VA, is on
a rollercoaster ride. The
average rent price in Wake, VA,
is $1,498.00. Indeed, when looking to rent in
Wake, VA, you can expect to pay as little
as $700.00 or as much
as $2,510.00,
with the average rent median estimated to
be $1,400.00. The good news is that finding
an affordable and desirable property to rent in Wake, 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.
Learn more on Foreclosure homes
