Wakefield, VA Foreclosures
How much do homes sell for in Wakefield, VA?
The average home price is currently $216,069.
What’s the average rental cost in Wakefield, VA?
The average rental price in Wakefield is $1,100.
What is the most expensive home in Wakefield?
The most expensive home sold in Wakefield had a price of $2,001,887.
What is currently the cheapest priced home in Wakefield, VA?
The cheapest home for sale in Wakefield is priced at $13,150.
Living in Wakefield, VA
Wakefield, VA is a quaint town that offers a peaceful lifestyle surrounded by natural beauty. The area's rich history, friendly community, and great access to outdoor recreational activities make it a desirable location. With its tight-knit community atmosphere, Wakefield is perfect for families and retirees alike.
Current Market Conditions in Wakefield, VA
The Wakefield real estate market is currently experiencing a stable trend, with moderate price growth over the past few months. The demand for homes in this picturesque town has increased due to its idyllic lifestyle and affordable prices compared to nearby cities. Buyers are actively looking for properties, leading to a quicker turnover of listings in the area, especially for family homes and rural properties.
Current listings show a healthy mix of new constructions and established homes, attracting various buyers, including first-time homebuyers and retirees. As more individuals seek refuge from urban centers, Wakefield is becoming an attractive option due to its serene surroundings and community-focused atmosphere.
Home Value Estimator For Wakefield, VA
There are currently 833 real estate properties
in Wakefield, VA,
with a median automated valuation model (AVM) price
of $177,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wakefield, 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 Wakefield, VA,
is $216,069.00, with the most expensive house
in Wakefield, VA, topping out
at $2,001,887.00 and the cheapest home
in Wakefield, VA,
clocking in at $13,150.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wakefield, VA!
Rent Prices
In Wakefield, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wakefield, VA, is on
a rollercoaster ride. The
average rent price in Wakefield, VA,
is $1,100.00. Indeed, when looking to rent in
Wakefield, VA, you can expect to pay as little
as $590.00 or as much
as $2,320.00,
with the average rent median estimated to
be $1,080.00. The good news is that finding
an affordable and desirable property to rent in Wakefield, 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
