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Single-family Homes Foreclosure in Great Falls, VA

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Holly-run-ct-Great-falls-VA-22066
Preforeclosure
$862,581 EMV

Holly Run Ct
Great Falls, VA 22066

4 Bed | 3.5 Bath | 2,512 Sq. Ft.

Forestville-dr-Great-falls-VA-22066
Preforeclosure
$946,400 EMV

Forestville Dr
Great Falls, VA 22066

5 Bed | 4 Bath | 2,998 Sq. Ft.

62 Plantation-dr-Great-falls-VA-22066
As-Is Deal
$1,875,000 List Price

Plantation Dr
Great Falls, VA 22066

5 Bed | 6 Bath | 4,982 Sq. Ft.

Displaying 1 - 3 of 3
 

Home Value Estimator For Great Falls, VA

There are currently 5,911 real estate properties in Great Falls, VA, with a median automated valuation model (AVM) price of $1,185,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Great Falls, 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 Great Falls, VA, is $1,293,830.00, with the most expensive house in Great Falls, VA, topping out at $13,240,300.00 and the cheapest home in Great Falls, VA, clocking in at $450,943.00. In other words, there’s something for every potential homebuyer or savvy investor in Great Falls, VA!


Rent Prices In Great Falls, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Great Falls, VA, is on a rollercoaster ride. The average rent price in Great Falls, VA, is $3,958.00. Indeed, when looking to rent in Great Falls, VA, you can expect to pay as little as $1,230.00 or as much as $7,580.00, with the average rent median estimated to be $3,910.00. The good news is that finding an affordable and desirable property to rent in Great Falls, 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 Great Falls, VA

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


Top Reasons To Live In Great Falls, VA In 2021

Great Falls is located in Fairfax, Virginia, with an estimated municipal population of 14,872 residents. All of the best foreclosed homes for sale in Great Falls are located in the following zip code areas on Foreclosure.com: 22066. The estimated population per square kilometer (.62 miles) in Great Falls is 226.


Cost Of Living In Great Falls, VA

So, about how much do homes cost in Great Falls? The most recent median value of resident-owned homes in Great Falls is 1,141,965. An estimated 96.1 percent of households in Great Falls own their homes, with an average family size of 3.18. The median household income in Great Falls is 238,125, with83.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Great Falls, the median commute time of resident workers (in minutes) is 35.7. And last, but certainly not least, are you looking for homes to rent in Great Falls? If so, the average rent price paid by renters in Great Falls is 3,066, according to recent statistics.


Diversity And Demographics In Great Falls, 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 Great Falls, 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 Great Falls is 49.4, split between 49.4 percent male versus 50.6 female. The percentage of residents who report being married in Great Falls is 69.9, with an average family size of 3.18.

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

White 76%
Black / African American 1.1%
Asian 17.8%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.3%
Other 0.6%

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

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

Under 10 10.4%
Aged 10-19 14.3%
20s 8.4%
30s 5.6%
40s 12.2%
50s 18.8%
60s 15.9%
70s 9.7%
80+ 4.6%

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


Pros And Cons Of Living In Great Falls, Virginia

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

  • 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 Great Falls.


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

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Listing types in Great Falls, VA

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