Toano, VA Home Values & Market Trends

Real estate market trends reflect that there have been 239 transactions over the past year in Toano. The median value for residential home transactions that occurred over the previous year is $438,349.88. The number of current listings in Toano is 19, and the percentage of properties for sale in the city is 19.00%. Toano, VA currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 19 properties for sale.

Toano, VA Real Estate Market Overview

ZipMedian Est. Value
23168

$ 440,212

$ 193/sqft

Housing Market Summary for Toano, VA

Apr 2023March 2024Change
Median Listing Price$480K$465.2K-3.08%
Median Sold Price$464.3K$465.2K0.20%
Homes For Sale2015-25.00%
Homes Sold687510.29%
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 Toano, VA

Toano home values range from $50,541 to $3,212,675. The median estimated value of a home in Toano is $438,349.88. The median list price of a home is 459,900, and the total count of properties in the city is 3,421.

Foreclosure
There is 1 zips within Toano, VA; within this zips, the median estimated home value for homes in foreclosure ranges from $255,743 in 23168 to the lowest value of $255,743 in 23168. Foreclosure homes account for 0.00% of properties in Toano, VA with 23168 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Toano, 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 Toano, 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 Toano, VA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Toano, VA. There is 1 zips within Toano, VA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    23168 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Toano, VA. Auction homes and other auction properties account for 0.03% of all properties in Toano, VA. There is 1 zips within Toano, VA; of that zips, the median estimated home value for homes going to auction ranges from $255,743 in 23168 to the lowest value of $255,743 in 23168.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.56% of residential properties in Toano, VA with 23168 containing 19 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Toano, VA; homes for sale in that zips, have a range of median values from $1,195,000 in 23168 to the lowest value of $291,954 in 23168.
    Sold Homes
    The median value for recently sold homes ranges from $1,891,519 in 23168 to the lowest price of $182,200 in 23168. There is 1 zips within Toano, VA. 23168 has 102 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.98% of properties in Toano, VA.

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      Guide for Toano, VA

      Market Reports
      Richmond Real Estate on the Rise: Property Values Up 7% from 2023 to 2024
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      Steady Growth Marks Norfolk Real Estate Landscape; Property Value Reaches $315K in March 2024
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      Chesapeake Property Values Rise 7%, Sales Dynamics Vary in Recent Analysis
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      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
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      Richmond Real Estate on the Rise: Property Values Up 7% from 2023 to 2024
      Market Reports|posted 1 April 2024

      Richmond’s real estate market shows consistent growth, with trends indicating increasing property values and demand.

      Steady Growth Marks Norfolk Real Estate Landscape; Property Value Reaches $315K in March 2024
      Market Reports|posted 25 March 2024

      A glance at the real estate market in Norfolk, Virginia, highlighting rising property values, increasing desirability, and trends in nearby cities.

      Chesapeake Property Values Rise 7%, Sales Dynamics Vary in Recent Analysis
      Market Reports|posted 20 March 2024

      The Chesapeake real estate market has seen steady growth in property values, increasing by 7% over 11 months.

      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.

      Recently Listed Homes Toano, VA

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