There are currently 1,182 real estate properties in Colonial Beach, VA, with a median automated valuation model (AVM) price of $284,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Colonial Beach, 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 Colonial Beach, VA, is $304,458.00, with the most expensive house in Colonial Beach, VA, topping out at $1,857,200.00 and the cheapest home in Colonial Beach, VA, clocking in at $83,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Colonial Beach, VA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Colonial Beach, VA, is on a rollercoaster ride. The average rent price in Colonial Beach, VA, is $1,295.00. Indeed, when looking to rent in Colonial Beach, VA, you can expect to pay as little as $810.00 or as much as $3,800.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Colonial Beach, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Colonial Beach, VA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Colonial Beach, VA and much more. Save thousands at closing with home foreclosure listings in Colonial Beach, VA — up to 75% off market value!
Colonial Beach is located in Westmoreland, Virginia, with an estimated municipal population of 3,619 residents. All of the best foreclosed homes for sale in Colonial Beach are located in the following zip code areas on Foreclosure.com: 22443. The estimated population per square kilometer (.62 miles) in Colonial Beach is 547.
So, about how much do homes cost in Colonial Beach? The most recent median value of resident-owned homes in Colonial Beach is 222,536. An estimated 57.7 percent of households in Colonial Beach own their homes, with an average family size of 2.93. The median household income in Colonial Beach is 43,594, with22.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Colonial Beach, the median commute time of resident workers (in minutes) is 38.5. And last, but certainly not least, are you looking for homes to rent in Colonial Beach? If so, the average rent price paid by renters in Colonial Beach is 1,030, 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 Colonial Beach, 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 Colonial Beach is 45.3, split between 41 percent male versus 59 female. The percentage of residents who report being married in Colonial Beach is 39.6, with an average family size of 2.93.
The percentage of residents who report their race in Colonial Beach is as follows:
|Black / African American||11.4%|
|American Indian / Alaskan Native||1.9%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Colonial Beach? Or maybe you are searching for 55+ active adult communities in and/or near Colonial Beach?
The percentage of residents who report their age in Colonial Beach is as follows:
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 Colonial Beach with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Colonial Beach.
How do you know that living in -- or moving to -- Colonial Beach is right where you need to be? Perhaps you grew up in Colonial Beach or already live nearby; therefore, the decision to buy a home in Colonial Beach is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Colonial Beach 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 Colonial Beach:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Colonial Beach.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Colonial Beach can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Colonial Beach, meanwhile, can field multiple offers from more qualified buyers.