Urbanna, VA Home Values & Market Trends

Real estate market trends reflect that there have been 37 transactions over the past year in Urbanna. The median value for residential home transactions that occurred over the previous year is $354,788.45. The number of current listings in Urbanna is 3, and the percentage of properties for sale in the city is 3.00%. Urbanna, VA currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 3 properties for sale.

Urbanna, VA Real Estate Market Overview

ZipMedian Est. Value
23175

$ 529,783

$ 184/sqft

Housing Market Summary for Urbanna, VA

Mar 2023February 2024Change
Median Listing Price$384.9K$279.1K-27.50%
Median Sold Price$348.1K$279.1K-19.84%
Homes For Sale43-25.00%
Homes Sold283628.57%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Urbanna, VA

Urbanna home values range from $42,000 to $2,725,686. The median estimated value of a home in Urbanna is $354,788.45. The median list price of a home is 575,000, and the total count of properties in the city is 1,244.

Foreclosure
There is 1 zips within Urbanna, VA; within this zips, the median estimated home value for homes in foreclosure ranges from $307,722 in 23175 to the lowest value of $103,175 in 23175. Foreclosure homes account for 0.00% of properties in Urbanna, VA with 23175 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Urbanna, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Urbanna, VA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Urbanna, VA ranges from the highest value of $103,175 in 23175 to the lowest value of $103,175 in 23175. Bank owned homes and properties account for 0.08% of properties in Urbanna, VA. There is 1 zips within Urbanna, VA; 23175 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    23175 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Urbanna, VA. Auction homes and other auction properties account for 0.08% of all properties in Urbanna, VA. There is 1 zips within Urbanna, VA; of that zips, the median estimated home value for homes going to auction ranges from $307,722 in 23175 to the lowest value of $307,722 in 23175.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.24% of residential properties in Urbanna, VA with 23175 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Urbanna, VA; homes for sale in that zips, have a range of median values from $562,703 in 23175 to the lowest value of $453,342 in 23175.
    Sold Homes
    The median value for recently sold homes ranges from $1,468,289 in 23175 to the lowest price of $43,000 in 23175. There is 1 zips within Urbanna, VA. 23175 has 36 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.89% of properties in Urbanna, VA.

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      Guide for Urbanna, VA

      Market Reports
      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      gavel for real estate auction
      Home Buying Guides & Tips
      Virginia Foreclosure Laws
      Wholesale
      4 Tips on How To Buy a House Wholesale
      Market Reports
      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      See More Articles
      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      Market Reports|posted 13 February 2024

      The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.

      gavel for real estate auction
      Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2015

      Virginia Foreclosure Laws

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports|posted 7 March 2024

      Columbus, Ohio, hosts a steadily growing and robust real estate market, characterized by increasing property values, a consistent number of sales, and diverse neighborhood options.

      Recently Listed Homes Urbanna, VA

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