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Foreclosure Homes in Fincastle, VA

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W-main-st-Fincastle-VA-24090
Bankruptcy
$255,360 EMV

W Main St
Fincastle, VA 24090

| 2,165 Sq. Ft.

Lees-gap-rd-Fincastle-VA-24090
Bankruptcy

Lees Gap Rd
Fincastle, VA 24090

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Home Value Estimator For Fincastle, VA

There are currently 1,665 real estate properties in Fincastle, VA, with a median automated valuation model (AVM) price of $287,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fincastle, 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 Fincastle, VA, is $319,916.00, with the most expensive house in Fincastle, VA, topping out at $1,857,600.00 and the cheapest home in Fincastle, VA, clocking in at $40,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Fincastle, VA!


Rent Prices In Fincastle, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fincastle, VA, is on a rollercoaster ride. The average rent price in Fincastle, VA, is $1,338.00. Indeed, when looking to rent in Fincastle, VA, you can expect to pay as little as $570.00 or as much as $3,140.00, 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 Fincastle, 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 Fincastle, VA

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


Top Reasons To Live In Fincastle, VA In 2021

Fincastle is located in Botetourt, Virginia, with an estimated municipal population of 341 residents. All of the best foreclosed homes for sale in Fincastle are located in the following zip code areas on Foreclosure.com: 24090. The estimated population per square kilometer (.62 miles) in Fincastle is 557.


Cost Of Living In Fincastle, VA

So, about how much do homes cost in Fincastle? The most recent median value of resident-owned homes in Fincastle is 229,870. An estimated 64.7 percent of households in Fincastle own their homes, with an average family size of 2.28. The median household income in Fincastle is 61,458, with17.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Fincastle, the median commute time of resident workers (in minutes) is 23. And last, but certainly not least, are you looking for homes to rent in Fincastle? If so, the average rent price paid by renters in Fincastle is 1,000, according to recent statistics.


Diversity And Demographics In Fincastle, 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 Fincastle, 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 Fincastle is 44.6, split between 57.6 percent male versus 42.4 female. The percentage of residents who report being married in Fincastle is 47, with an average family size of 2.28.

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

White 89.2%
Black / African American 9.3%
Asian 0.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.3%
Other 0%

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

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

Under 10 5.1%
Aged 10-19 2.8%
20s 18.5%
30s 20%
40s 9.8%
50s 18.8%
60s 12.1%
70s 11.5%
80+ 1.3%

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


Pros And Cons Of Living In Fincastle, Virginia

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

  • 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 Fincastle.


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

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