Why Live in Broadway
Broadway is a community in Virginia’s Shenandoah Valley that is defined by its quiet atmosphere and proximity to Harrisonburg. “It’s a little less expensive than living directly in the city, and you can get much more elbow room living out there,” says Realtor Ronald Flores of Funkhouser Real Estate Group, who has 20 years of experience in the area. “It’s not exactly rural – there’s lots of open space and there are nearby hiking trails, but in the town, it feels more typically suburban.” Often chosen by residents for its comfortable lot sizes and its sense of remove, Broadway offers a taste of country living within reach of the metropolitan heart of the valley. Broadway's home styles vary widely, from mountain cabins surrounded by woodland to suburban Modern Traditional builds at the ends of cul-de-sacs. “There’s been continuing development out there, so people will be able to find newer homes,” Flores says. “There’s more space out there than there is in the city, which is why people tend to choose it. That, and the views. On some lots, you get great views of the Blue Ridge Mountains.” Prices range from around $200,000 for modest single-story homes to over $600,000 for newer
Home Trends in Broadway, VA
On average, homes in Broadway, VA sell after 42 days on the market compared to the national average of 50 days. The median sale price for homes in Broadway, VA over the last 12 months is $338,450, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$338,450
Median Single Family Sale Price
$337,000
Median Townhouse Sale Price
$340,000
Average Price Per Sq Ft
$195
Number of Homes for Sale
23
Last 12 months Home Sales
128
Median List Price
$340,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%