Boones Mill is located in Franklin, Virginia, with an estimated municipal population of 233 residents. All of the best foreclosed homes for sale in Boones Mill are located in the following zip code areas on Foreclosure.com: 24065. The estimated population per square kilometer (.62 miles) in Boones Mill is 121.
So, about how much do homes cost in Boones Mill? The most recent median value of resident-owned homes in Boones Mill is 156,014. An estimated 89.7 percent of households in Boones Mill own their homes, with an average family size of 2.67. The median household income in Boones Mill is 53,125, with13.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Boones Mill, the median commute time of resident workers (in minutes) is 25.1. And last, but certainly not least, are you looking for homes to rent in Boones Mill? If so, the average rent price paid by renters in Boones Mill is 810, 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 Boones Mill, 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 Boones Mill is 52.8, split between 45.6 percent male versus 54.4 female. The percentage of residents who report being married in Boones Mill is 55.6, with an average family size of 2.67.
The percentage of residents who report their race in Boones Mill is as follows:
| White | 91.7% |
| Black / African American | 3.6% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0% |
| Other | 4.7% |
Looking for family-friendly neighborhoods in and/or near Boones Mill? Or maybe you are searching for 55+ active adult communities in and/or near Boones Mill?
The percentage of residents who report their age in Boones Mill is as follows:
| Under 10 | 8.9% |
| Aged 10-19 | 5.4% |
| 20s | 5.4% |
| 30s | 10.6% |
| 40s | 12.4% |
| 50s | 15.3% |
| 60s | 14.8% |
| 70s | 17.8% |
| 80+ | 9.4% |
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 Boones Mill with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Boones Mill.
How do you know that living in -- or moving to -- Boones Mill is right where you need to be? Perhaps you grew up in Boones Mill or already live nearby; therefore, the decision to buy a home in Boones Mill is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Boones Mill 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 Boones Mill:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Boones Mill.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Boones Mill can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Boones Mill, meanwhile, can field multiple offers from more qualified buyers.
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