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Foreclosure Auction Homes in Wakefield, VA

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Living in Wakefield, VA

Wakefield, VA is a quaint and serene town known for its beautiful landscapes and strong community spirit. With a rich history and plenty of outdoor activities, it offers a peaceful retreat for those looking to escape urban life. The area is perfect for those who appreciate rural charm and friendly locals.

Current Market Conditions in Wakefield, VA

The current real estate market in Wakefield is stable, with a steady demand for homes due to its appealing rural setting. Prices are relatively affordable compared to neighboring areas, making it attractive for first-time homebuyers and retirees. Opportunities for investment in local agriculture have also drawn attention to this quaint town.

Home Value Estimator For Wakefield, VA

There are currently 822 real estate properties in Wakefield, VA, with a median automated valuation model (AVM) price of $175,393.00. 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 $212,428.00, with the most expensive house in Wakefield, VA, topping out at $2,019,423.00 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 $1,098.00. 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.

Wakefield, VA Foreclosure Auction Homes


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