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Preforeclosure Homes in Castlewood, VA

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1 Reeds-valley-rd-Castlewood-VA-24224
Preforeclosure
$85,850 EMV

Reeds Valley Rd
Castlewood, VA 24224

3 Bed | 1.5 Bath | 1,000 Sq. Ft.

Reeds-valley-rd-Castlewood-VA-24224
Preforeclosure
$76,713 EMV

Reeds Valley Rd
Castlewood, VA 24224

Ridge-st-Castlewood-VA-24224
Preforeclosure
$81,005 EMV

Ridge St
Castlewood, VA 24224

Clay-st-Castlewood-VA-24224
Preforeclosure
$107,270 EMV

Clay St
Castlewood, VA 24224

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Foreclosure Homes in Castlewood, VA

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


Top Reasons To Live In Castlewood, VA In 2021

Castlewood is located in Russell, Virginia, with an estimated municipal population of 1,785 residents. All of the best foreclosed homes for sale in Castlewood are located in the following zip code areas on Foreclosure.com: 24224. The estimated population per square kilometer (.62 miles) in Castlewood is 95.


Cost Of Living In Castlewood, VA

So, about how much do homes cost in Castlewood? The most recent median value of resident-owned homes in Castlewood is 82,424. An estimated 65.7 percent of households in Castlewood own their homes, with an average family size of 2.81. The median household income in Castlewood is 37,950, with8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Castlewood, the median commute time of resident workers (in minutes) is 25.9. And last, but certainly not least, are you looking for homes to rent in Castlewood? If so, the average rent price paid by renters in Castlewood is 618, according to recent statistics.


Diversity And Demographics In Castlewood, 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 Castlewood, 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 Castlewood is 44.8, split between 42.9 percent male versus 57.1 female. The percentage of residents who report being married in Castlewood is 47.6, with an average family size of 2.81.

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

White 100%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 12.1%
Aged 10-19 12.9%
20s 10.1%
30s 6.8%
40s 13.8%
50s 15%
60s 14%
70s 13.8%
80+ 1.7%

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


Pros And Cons Of Living In Castlewood, Virginia

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

  • 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 Castlewood.


Reasons To Move To Castlewood, 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 Castlewood can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Castlewood, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Castlewood, VA

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