Washington, VA Foreclosures
How much do homes sell for in Washington, VA?
The average home price is currently $822,335.
In Washington, VA, how many homes are available?
There are currently 3 active home listings available in Washington.
What’s the average rental cost in Washington, VA?
The average rental price in Washington is $1,913.
What is the most expensive home in Washington?
The most expensive home sold in Washington had a price of $8,069,211.
What is currently the cheapest priced home in Washington, VA?
The cheapest home for sale in Washington is priced at $47,547.
Living in Washington, VA
Washington, VA, offers a unique blend of historic charm and natural beauty. Nestled in the Blue Ridge Mountains, it features scenic outdoor activities, a tight-knit community, and a delightful culinary scene. Ideal for those seeking a peaceful lifestyle with access to recreational opportunities, it’s a perfect escape from city life.
Current Market Conditions in Washington, VA
The real estate market in Washington, VA, has been witnessing a steady increase in demand, driven by buyers seeking tranquility and stunning landscapes. As more individuals and families look to escape the hustle and bustle of urban life, Washington's charm becomes increasingly appealing. This trend has resulted in a rise in home prices, although still competitive compared to larger metropolitan areas, making it an enticing option for new homeowners.
Homes in Washington typically sell faster than the previous year, reflecting the growing interest in rural living. The limited inventory of available properties has contributed to a competitive market, often resulting in bidding wars and quick sales. Buyers are encouraged to act promptly to secure prime real estate in this desirable location.
Home Value Estimator For Washington, VA
There are currently 651 real estate properties
in Washington, VA,
with a median automated valuation model (AVM) price
of $660,644.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Washington, 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 Washington, VA,
is $822,335.00, with the most expensive house
in Washington, VA, topping out
at $8,069,211.00 and the cheapest home
in Washington, VA,
clocking in at $47,547.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Washington, VA!
Rent Prices
In Washington, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Washington, VA, is on
a rollercoaster ride. The
average rent price in Washington, VA,
is $1,913.00. Indeed, when looking to rent in
Washington, VA, you can expect to pay as little
as $830.00 or as much
as $4,720.00,
with the average rent median estimated to
be $1,840.00. The good news is that finding
an affordable and desirable property to rent in Washington, 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.
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