There are currently 104 real estate properties in Long Island, VA, with a median automated valuation model (AVM) price of $129,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Long Island, 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 Long Island, VA, is $168,984.00, with the most expensive house in Long Island, VA, topping out at $883,100.00 and the cheapest home in Long Island, VA, clocking in at $42,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Long Island, VA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Long Island, VA, is on a rollercoaster ride. The average rent price in Long Island, VA, is $1,026.00. Indeed, when looking to rent in Long Island, VA, you can expect to pay as little as $580.00 or as much as $1,800.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Long Island, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Long Island, VA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Long Island, VA and much more. Save thousands at closing with home foreclosure listings in Long Island, VA — up to 75% off market value!
All of the best foreclosed homes for sale in Long Island are located in the following zip code areas on Foreclosure.com: 24569. The estimated population per square kilometer (.62 miles) in Long Island is 23.2.
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 Long Island, 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.
Looking for family-friendly neighborhoods in and/or near Long Island? Or maybe you are searching for 55+ active adult communities in and/or near Long Island?
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 Long Island with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Long Island.
How do you know that living in -- or moving to -- Long Island is right where you need to be? Perhaps you grew up in Long Island or already live nearby; therefore, the decision to buy a home in Long Island is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Long Island 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 Long Island:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Long Island.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Long Island can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Long Island, meanwhile, can field multiple offers from more qualified buyers.