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Foreclosures in Dillwyn, VA

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12 Spencer-rd-Dillwyn-VA-23936
Foreclosure
$102,400 List Price

Spencer Rd
Dillwyn, VA 23936

3 Bed | 2 Bath | 1,484 Sq. Ft.

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Home Value Estimator For Dillwyn, VA

There are currently 40 real estate properties in Dillwyn, VA, with a median automated valuation model (AVM) price of $255,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dillwyn, 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 Dillwyn, VA, is $296,648.00, with the most expensive house in Dillwyn, VA, topping out at $905,300.00 and the cheapest home in Dillwyn, VA, clocking in at $133,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Dillwyn, VA!


Rent Prices In Dillwyn, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dillwyn, VA, is on a rollercoaster ride. The average rent price in Dillwyn, VA, is $1,393.00. Indeed, when looking to rent in Dillwyn, VA, you can expect to pay as little as $1,000.00 or as much as $2,280.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Dillwyn, 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 Dillwyn, VA

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


Top Reasons To Live In Dillwyn, VA In 2021

Dillwyn is located in Buckingham, Virginia, with an estimated municipal population of 442 residents. All of the best foreclosed homes for sale in Dillwyn are located in the following zip code areas on Foreclosure.com: 23936. The estimated population per square kilometer (.62 miles) in Dillwyn is 264.


Cost Of Living In Dillwyn, VA

So, about how much do homes cost in Dillwyn? The most recent median value of resident-owned homes in Dillwyn is 138,061. An estimated 65.9 percent of households in Dillwyn own their homes, with an average family size of 3.19. The median household income in Dillwyn is 43,750, with20.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Dillwyn, the median commute time of resident workers (in minutes) is 27.9. And last, but certainly not least, are you looking for homes to rent in Dillwyn? If so, the average rent price paid by renters in Dillwyn is 713, according to recent statistics.


Diversity And Demographics In Dillwyn, 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 Dillwyn, 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 Dillwyn is 39.8, split between 49.3 percent male versus 50.7 female. The percentage of residents who report being married in Dillwyn is 43.4, with an average family size of 3.19.

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

White 53.2%
Black / African American 42.8%
Asian 0%
American Indian / Alaskan Native 1.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.5%
Other 0%

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

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

Under 10 11.3%
Aged 10-19 18%
20s 11.7%
30s 9.6%
40s 5.6%
50s 13.6%
60s 10.3%
70s 12.2%
80+ 7.8%

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


Pros And Cons Of Living In Dillwyn, Virginia

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

  • 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 Dillwyn.


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

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