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Preforeclosure Homes in Coeburn, VA

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5th-st-nw-Coeburn-VA-24230
Preforeclosure
$51,255 EMV

5th St Nw
Coeburn, VA 24230

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Home Value Estimator For Coeburn, VA

There are currently 1,651 real estate properties in Coeburn, VA, with a median automated valuation model (AVM) price of $87,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Coeburn, 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 Coeburn, VA, is $103,916.00, with the most expensive house in Coeburn, VA, topping out at $1,079,000.00 and the cheapest home in Coeburn, VA, clocking in at $11,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Coeburn, VA!


Rent Prices In Coeburn, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Coeburn, VA, is on a rollercoaster ride. The average rent price in Coeburn, VA, is $879.00. Indeed, when looking to rent in Coeburn, VA, you can expect to pay as little as $440.00 or as much as $1,910.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Coeburn, 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 Coeburn, VA

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


Top Reasons To Live In Coeburn, VA In 2021

Coeburn is located in Wise, Virginia, with an estimated municipal population of 1,845 residents. All of the best foreclosed homes for sale in Coeburn are located in the following zip code areas on Foreclosure.com: 24230. The estimated population per square kilometer (.62 miles) in Coeburn is 365.


Cost Of Living In Coeburn, VA

So, about how much do homes cost in Coeburn? The most recent median value of resident-owned homes in Coeburn is 64,442. An estimated 62.1 percent of households in Coeburn own their homes, with an average family size of 2.96. The median household income in Coeburn is 23,816, with5.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Coeburn, the median commute time of resident workers (in minutes) is 23.3. And last, but certainly not least, are you looking for homes to rent in Coeburn? If so, the average rent price paid by renters in Coeburn is 582, according to recent statistics.


Diversity And Demographics In Coeburn, 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 Coeburn, 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 Coeburn is 43, split between 52.3 percent male versus 47.7 female. The percentage of residents who report being married in Coeburn is 54.8, with an average family size of 2.96.

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

White 95.1%
Black / African American 3.3%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 0%

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

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

Under 10 17.1%
Aged 10-19 8.2%
20s 11%
30s 8.3%
40s 17.3%
50s 13.6%
60s 14.6%
70s 8.3%
80+ 1.8%

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


Pros And Cons Of Living In Coeburn, Virginia

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

  • 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 Coeburn.


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

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