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Foreclosure Homes in Burkeville, VA

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Genito-rd-Burkeville-VA-23922
Preforeclosure

Genito Rd
Burkeville, VA 23922

Mclean-st-Burkeville-VA-23922
Preforeclosure
$38,250 EMV

Mclean St
Burkeville, VA 23922

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Home Value Estimator For Burkeville, VA

There are currently 9 real estate properties in Burkeville, VA, with a median automated valuation model (AVM) price of $239,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Burkeville, 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 Burkeville, VA, is $255,933.00, with the most expensive house in Burkeville, VA, topping out at $559,200.00 and the cheapest home in Burkeville, VA, clocking in at $126,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Burkeville, VA!


Rent Prices In Burkeville, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burkeville, VA, is on a rollercoaster ride. The average rent price in Burkeville, VA, is $1,291.00. Indeed, when looking to rent in Burkeville, VA, you can expect to pay as little as $1,060.00 or as much as $1,920.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Burkeville, 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.


Foreclosure Homes in Burkeville, VA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Burkeville, VA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Burkeville, VA and much more. Save thousands at closing with home foreclosure listings in Burkeville, VA — up to 75% off market value!


Top Reasons To Live In Burkeville, VA In 2021

Burkeville is located in Nottoway, Virginia, with an estimated municipal population of 399 residents. All of the best foreclosed homes for sale in Burkeville are located in the following zip code areas on Foreclosure.com: 23922. The estimated population per square kilometer (.62 miles) in Burkeville is 153.


Cost Of Living In Burkeville, VA

So, about how much do homes cost in Burkeville? The most recent median value of resident-owned homes in Burkeville is 94,285. An estimated 66.7 percent of households in Burkeville own their homes, with an average family size of 2.64. The median household income in Burkeville is 37,368, with14.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Burkeville, 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 Burkeville? If so, the average rent price paid by renters in Burkeville is 736, according to recent statistics.


Diversity And Demographics In Burkeville, 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 Burkeville, 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 Burkeville is 46.4, split between 48 percent male versus 52 female. The percentage of residents who report being married in Burkeville is 29.1, with an average family size of 2.64.

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

White 75.2%
Black / African American 24.2%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.6%
Other 0%

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

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

Under 10 9%
Aged 10-19 14.6%
20s 6.4%
30s 10.1%
40s 24.6%
50s 13.6%
60s 9.6%
70s 6%
80+ 6.2%

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


Pros And Cons Of Living In Burkeville, Virginia

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

  • 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 Burkeville.


Reasons To Move To Burkeville, Virginia, In 2021

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

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Listing types in Burkeville, VA

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