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Foreclosure Homes in Phenix, VA

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Home Value Estimator For Phenix, VA

There are currently 3 real estate properties in Phenix, VA, with a median automated valuation model (AVM) price of $213,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Phenix, 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 Phenix, VA, is $192,033.00, with the most expensive house in Phenix, VA, topping out at $223,600.00 and the cheapest home in Phenix, VA, clocking in at $139,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Phenix, VA!


Rent Prices In Phenix, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Phenix, VA, is on a rollercoaster ride. The average rent price in Phenix, VA, is $1,157.00. Indeed, when looking to rent in Phenix, VA, you can expect to pay as little as $1,020.00 or as much as $1,260.00, with the average rent median estimated to be $1,190.00. The good news is that finding an affordable and desirable property to rent in Phenix, 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 Phenix, VA

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


Top Reasons To Live In Phenix, VA In 2022

Phenix is located in Charlotte, Virginia, with an estimated municipal population of 213 residents. All of the best foreclosed homes for sale in Phenix are located in the following zip code areas on Foreclosure.com: 23959. The estimated population per square kilometer (.62 miles) in Phenix is 71.


Cost Of Living In Phenix, VA

So, about how much do homes cost in Phenix? The most recent median value of resident-owned homes in Phenix is 67,000. An estimated 78.5 percent of households in Phenix own their homes, with an average family size of 3.07. The median household income in Phenix is 67,708, with24 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Phenix, the median commute time of resident workers (in minutes) is 43.6. And last, but certainly not least, are you looking for homes to rent in Phenix? If so, the average rent price paid by renters in Phenix is 843, according to recent statistics.


Diversity And Demographics In Phenix, 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 Phenix, 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 Phenix is 36.4, split between 48.9 percent male versus 51.1 female. The percentage of residents who report being married in Phenix is 61.2, with an average family size of 3.07.

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

White 75.4%
Black / African American 24.6%
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 Phenix? Or maybe you are searching for 55+ active adult communities in and/or near Phenix?

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

Under 10 10.9%
Aged 10-19 19.7%
20s 5%
30s 23.9%
40s 3.9%
50s 7.1%
60s 16.5%
70s 6.4%
80+ 6.7%

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


Pros And Cons Of Living In Phenix, Virginia

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

  • 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 Phenix.


Reasons To Move To Phenix, Virginia, In 2022

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

Phenix, VA Foreclosures


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