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Preforeclosure Homes in Hanover, VA

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Courtney-rd-Hanover-VA-23069
Preforeclosure
$128,180 EMV

Courtney Rd
Hanover, VA 23069

3 Bed | 1 Bath | 1,224 Sq. Ft.

Leslie-ln-Hanover-VA-23069
Preforeclosure

Leslie Ln
Hanover, VA 23069

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Foreclosure Homes in Hanover, VA

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


Top Reasons To Live In Hanover, VA In 2021

Hanover is located in Hanover, Virginia, with an estimated municipal population of 223 residents. All of the best foreclosed homes for sale in Hanover are located in the following zip code areas on Foreclosure.com: 23069. The estimated population per square kilometer (.62 miles) in Hanover is 72.


Cost Of Living In Hanover, VA

So, about how much do homes cost in Hanover? The most recent median value of resident-owned homes in Hanover is 259,680. An estimated 88.5 percent of households in Hanover own their homes, with an average family size of 2.35. The median household income in Hanover is 49,167, with26.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hanover, the median commute time of resident workers (in minutes) is 28.8.


Diversity And Demographics In Hanover, 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 Hanover, 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 Hanover is 55.8, split between 48 percent male versus 52 female. The percentage of residents who report being married in Hanover is 68.3, with an average family size of 2.35.

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

White 74%
Black / African American 26%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 11.2%
Aged 10-19 5.4%
20s 5.4%
30s 9.4%
40s 9.9%
50s 13%
60s 29.2%
70s 16.6%
80+ 0%

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


Pros And Cons Of Living In Hanover, Virginia

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

  • 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 Hanover.


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

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