There are currently 462 real estate properties in Free Union, VA, with a median automated valuation model (AVM) price of $566,032.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Free Union, 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 Free Union, VA, is $906,365.00, with the most expensive house in Free Union, VA, topping out at $8,318,951.00 and the cheapest home in Free Union, VA, clocking in at $43,303.00. In other words, there’s something for every potential homebuyer or savvy investor in Free Union, VA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Free Union, VA, is on a rollercoaster ride. The average rent price in Free Union, VA, is $1,936.00. Indeed, when looking to rent in Free Union, VA, you can expect to pay as little as $860.00 or as much as $3,550.00, with the average rent median estimated to be $1,780.00. The good news is that finding an affordable and desirable property to rent in Free Union, 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.
Free Union is located in Albemarle, Virginia, with an estimated municipal population of 261 residents. All of the best foreclosed homes for sale in Free Union are located in the following zip code areas on Foreclosure.com: 22901 22940. The estimated population per square kilometer (.62 miles) in Free Union is 50.
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 Free Union, 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 Free Union is 29.3, split between 30.7 percent male versus 69.3 female. The percentage of residents who report being married in Free Union is 41, with an average family size of 2.82.
The percentage of residents who report their race in Free Union is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near Free Union? Or maybe you are searching for 55+ active adult communities in and/or near Free Union?
The percentage of residents who report their age in Free Union 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 Free Union with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Free Union.
How do you know that living in -- or moving to -- Free Union is right where you need to be? Perhaps you grew up in Free Union or already live nearby; therefore, the decision to buy a home in Free Union is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Free Union 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 Free Union:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Free Union.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Free Union can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Free Union, meanwhile, can field multiple offers from more qualified buyers.
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