There are currently 10,128 real estate properties in Abingdon, VA, with a median automated valuation model (AVM) price of $190,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Abingdon, 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 Abingdon, VA, is $226,720.00, with the most expensive house in Abingdon, VA, topping out at $2,500,000.00 and the cheapest home in Abingdon, VA, clocking in at $35,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Abingdon, VA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Abingdon, VA, is on a rollercoaster ride. The average rent price in Abingdon, VA, is $1,256.00. Indeed, when looking to rent in Abingdon, VA, you can expect to pay as little as $580.00 or as much as $2,380.00, with the average rent median estimated to be $1,190.00. The good news is that finding an affordable and desirable property to rent in Abingdon, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Abingdon, VA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Abingdon, VA and much more. Save thousands at closing with home foreclosure listings in Abingdon, VA — up to 75% off market value!
Abingdon is located in Washington, Virginia, with an estimated municipal population of 7,867 residents. All of the best foreclosed homes for sale in Abingdon are located in the following zip code areas on Foreclosure.com: 24210 24211 24212. The estimated population per square kilometer (.62 miles) in Abingdon is 377.
So, about how much do homes cost in Abingdon? The most recent median value of resident-owned homes in Abingdon is 171,999. An estimated 51 percent of households in Abingdon own their homes, with an average family size of 2.9. The median household income in Abingdon is 45,848, with18.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Abingdon, the median commute time of resident workers (in minutes) is 20.1. And last, but certainly not least, are you looking for homes to rent in Abingdon? If so, the average rent price paid by renters in Abingdon is 692, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Abingdon, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Abingdon is 46, split between 49.2 percent male versus 50.8 female. The percentage of residents who report being married in Abingdon is 43.8, with an average family size of 2.9.
The percentage of residents who report their race in Abingdon is as follows:
|Black / African American||2.2%|
|American Indian / Alaskan Native||0.2%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Abingdon? Or maybe you are searching for 55+ active adult communities in and/or near Abingdon?
The percentage of residents who report their age in Abingdon is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Abingdon with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Abingdon.
How do you know that living in -- or moving to -- Abingdon is right where you need to be? Perhaps you grew up in Abingdon or already live nearby; therefore, the decision to buy a home in Abingdon is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Abingdon for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Abingdon:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Abingdon.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Abingdon can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Abingdon, meanwhile, can field multiple offers from more qualified buyers.