Rent To Own Homes in Glade Spring, VA

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View this home at Crescent Dr Glade Spring VA 24340
$78,633 EMV
Crescent Dr
Glade Spring, VA 24340
EST. RENT: $660
AUCTION: 05-21-2024
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Home Value Estimator For Glade Spring, VA

There are currently 2,106 real estate properties in Glade Spring, VA, with a median automated valuation model (AVM) price of $184,292.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Glade Spring, 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 Glade Spring, VA, is $232,040.00, with the most expensive house in Glade Spring, VA, topping out at $2,190,760.00 and the cheapest home in Glade Spring, VA, clocking in at $11,948.00. In other words, there’s something for every potential homebuyer or savvy investor in Glade Spring, VA!

Rent Prices In Glade Spring, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Glade Spring, VA, is on a rollercoaster ride. The average rent price in Glade Spring, VA, is $955.00. Indeed, when looking to rent in Glade Spring, VA, you can expect to pay as little as $440.00 or as much as $2,290.00, with the average rent median estimated to be $870.00. The good news is that finding an affordable and desirable property to rent in Glade Spring, 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.

Top Reasons To Live In Glade Spring, VA In 2024

Glade Spring is located in Washington, Virginia, with an estimated municipal population of 1,406 residents. All of the best foreclosed homes for sale in Glade Spring are located in the following zip code areas on 24340. The estimated population per square kilometer (.62 miles) in Glade Spring is 446.

Cost Of Living In Glade Spring, VA

So, about how much do homes cost in Glade Spring? The most recent median value of resident-owned homes in Glade Spring is 121,422. An estimated 79.8 percent of households in Glade Spring own their homes, with an average family size of 3.2. The median household income in Glade Spring is 47,900, with17.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Glade Spring, the median commute time of resident workers (in minutes) is 19.3. And last, but certainly not least, are you looking for homes to rent in Glade Spring? If so, the average rent price paid by renters in Glade Spring is 746, according to recent statistics.

Diversity And Demographics In Glade Spring, 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 Glade Spring, 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 Glade Spring is 45, split between 43.9 percent male versus 56.1 female. The percentage of residents who report being married in Glade Spring is 54.4, with an average family size of 3.2.

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

White 89.1%
Black / African American 0.5%
Asian 0%
American Indian / Alaskan Native 1.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.2%
Other 6.5%

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

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

Under 10 15.2%
Aged 10-19 10.8%
20s 8.3%
30s 10%
40s 12.5%
50s 13%
60s 15.4%
70s 8.1%
80+ 6.8%

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

Pros And Cons Of Living In Glade Spring, Virginia

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

  • 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 Glade Spring.

Reasons To Move To Glade Spring, Virginia, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Glade Spring can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Glade Spring, meanwhile, can field multiple offers from more qualified buyers.

Glade Spring, VA Rent To Own Homes


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