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Foreclosure Homes in Bassett, VA

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View this home at Whippoorwill Ln Bassett VA 24055
Preforeclosure
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$120,772 EMV
Whippoorwill Ln
Bassett, VA 24055
Single-Family
EST. RENT: $1,080
|
AUCTION: 04-24-2024
Single-Family
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Bassett, VA Foreclosures

How much do homes sell for in Bassett, VA?
The average home price is currently $129,194.
In Bassett, VA, how many homes are available?
There are currently 5,511 active home listings available in Bassett.
What’s the average rental cost in Bassett, VA?
The average rental price in Bassett is $879.
What is the most expensive home in Bassett, Virginia?
The most expensive home sold in Bassett had a price of $2,647,400.
What is currently the cheapest priced home in Bassett, VA?
The cheapest home for sale in Bassett is priced at $11,130.

Home Value Estimator For Bassett, VA

There are currently 5,511 real estate properties in Bassett, VA, with a median automated valuation model (AVM) price of $105,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bassett, 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 Bassett, VA, is $129,194.00, with the most expensive house in Bassett, VA, topping out at $2,647,400.00 and the cheapest home in Bassett, VA, clocking in at $11,130.00. In other words, there’s something for every potential homebuyer or savvy investor in Bassett, VA!


Rent Prices In Bassett, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bassett, VA, is on a rollercoaster ride. The average rent price in Bassett, VA, is $879.00. Indeed, when looking to rent in Bassett, VA, you can expect to pay as little as $500.00 or as much as $2,110.00, with the average rent median estimated to be $830.00. The good news is that finding an affordable and desirable property to rent in Bassett, 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.


Top Reasons To Live In Bassett, VA In 2024

Bassett is located in Henry, Virginia, with an estimated municipal population of 1,065 residents. All of the best foreclosed homes for sale in Bassett are located in the following zip code areas on Foreclosure.com: 24055. The estimated population per square kilometer (.62 miles) in Bassett is 119.


Cost Of Living In Bassett, VA

So, about how much do homes cost in Bassett? The most recent median value of resident-owned homes in Bassett is 95,900. An estimated 81.9 percent of households in Bassett own their homes, with an average family size of 2.88. The median household income in Bassett is 31,333, with8.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bassett, the median commute time of resident workers (in minutes) is 33.9. And last, but certainly not least, are you looking for homes to rent in Bassett? If so, the average rent price paid by renters in Bassett is 579, according to recent statistics.


Diversity And Demographics In Bassett, Virginia

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 Bassett, 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 Bassett is 52.2, split between 54.6 percent male versus 45.4 female. The percentage of residents who report being married in Bassett is 47.8, with an average family size of 2.88.

The percentage of residents who report their race in Bassett is as follows:

White 64%
Black / African American 22.9%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 13.1%

Looking for family-friendly neighborhoods in and/or near Bassett? Or maybe you are searching for 55+ active adult communities in and/or near Bassett?

The percentage of residents who report their age in Bassett is as follows:

Under 10 7.7%
Aged 10-19 8.7%
20s 6.6%
30s 11.6%
40s 11.4%
50s 16.2%
60s 18.8%
70s 9.7%
80+ 9.4%

Best Schools In Bassett, Virginia

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 Bassett with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Bassett.


Pros And Cons Of Living In Bassett, Virginia

How do you know that living in -- or moving to -- Bassett is right where you need to be? Perhaps you grew up in Bassett or already live nearby; therefore, the decision to buy a home in Bassett is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Bassett 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 Bassett:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Bassett.


Reasons To Move To Bassett, Virginia, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Bassett can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Bassett, meanwhile, can field multiple offers from more qualified buyers.

Bassett, VA Foreclosures


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