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Bankruptcy Homes in Montvale, VA

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Home Value Estimator For Montvale, VA

There are currently 692 real estate properties in Montvale, VA, with a median automated valuation model (AVM) price of $212,104.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Montvale, 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 Montvale, VA, is $261,946.00, with the most expensive house in Montvale, VA, topping out at $1,738,524.00 and the cheapest home in Montvale, VA, clocking in at $20,254.00. In other words, there’s something for every potential homebuyer or savvy investor in Montvale, VA!


Rent Prices In Montvale, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montvale, VA, is on a rollercoaster ride. The average rent price in Montvale, VA, is $1,117.00. Indeed, when looking to rent in Montvale, VA, you can expect to pay as little as $570.00 or as much as $2,510.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Montvale, 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 Montvale, VA In 2024

Montvale is located in Bedford, Virginia, with an estimated municipal population of 608 residents. All of the best foreclosed homes for sale in Montvale are located in the following zip code areas on Foreclosure.com: 24064 24122. The estimated population per square kilometer (.62 miles) in Montvale is 97.


Cost Of Living In Montvale, VA

So, about how much do homes cost in Montvale? The most recent median value of resident-owned homes in Montvale is 137,893. An estimated 100 percent of households in Montvale own their homes, with an average family size of 2.76. The median household income in Montvale is 34,280, with26 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Montvale, the median commute time of resident workers (in minutes) is 21.1.


Diversity And Demographics In Montvale, 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 Montvale, 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 Montvale is 58.3, split between 49.3 percent male versus 50.7 female. The percentage of residents who report being married in Montvale is 48.8, with an average family size of 2.76.

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

White 91.1%
Black / African American 8.9%
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 Montvale? Or maybe you are searching for 55+ active adult communities in and/or near Montvale?

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

Under 10 8.7%
Aged 10-19 6.7%
20s 8.1%
30s 11.8%
40s 7.5%
50s 12.8%
60s 19.1%
70s 18.9%
80+ 6.4%

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


Pros And Cons Of Living In Montvale, Virginia

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

  • 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 Montvale.


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

Montvale, VA Bankruptcy Homes


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