Foreclosure Homes in Rustburg, VA

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View this home at Victoria Ln Rustburg VA 24588
$417,184 EMV
Victoria Ln
Rustburg, VA 24588
3 |
EST. RENT: $1,680
AUCTION: 04-30-2024
3 |
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Rustburg, VA Foreclosures

How much do homes sell for in Rustburg, VA?
The average home price is currently $259,327.
In Rustburg, VA, how many homes are available?
There are currently 2,921 active home listings available in Rustburg.
What’s the average rental cost in Rustburg, VA?
The average rental price in Rustburg is $1,183.
What is the most expensive home in Rustburg, Virginia?
The most expensive home sold in Rustburg had a price of $1,459,300.
What is currently the cheapest priced home in Rustburg, VA?
The cheapest home for sale in Rustburg is priced at $16,786.

Home Value Estimator For Rustburg, VA

There are currently 2,921 real estate properties in Rustburg, VA, with a median automated valuation model (AVM) price of $245,841.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rustburg, 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 Rustburg, VA, is $259,327.00, with the most expensive house in Rustburg, VA, topping out at $1,459,300.00 and the cheapest home in Rustburg, VA, clocking in at $16,786.00. In other words, there’s something for every potential homebuyer or savvy investor in Rustburg, VA!

Rent Prices In Rustburg, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rustburg, VA, is on a rollercoaster ride. The average rent price in Rustburg, VA, is $1,183.00. Indeed, when looking to rent in Rustburg, VA, you can expect to pay as little as $590.00 or as much as $2,470.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Rustburg, 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 Rustburg, VA In 2024

Rustburg is located in Campbell, Virginia, with an estimated municipal population of 1,419 residents. All of the best foreclosed homes for sale in Rustburg are located in the following zip code areas on 24588. The estimated population per square kilometer (.62 miles) in Rustburg is 43.

Cost Of Living In Rustburg, VA

So, about how much do homes cost in Rustburg? The most recent median value of resident-owned homes in Rustburg is 128,724. An estimated 49.6 percent of households in Rustburg own their homes, with an average family size of 2.82. The median household income in Rustburg is 26,132, with7.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Rustburg, the median commute time of resident workers (in minutes) is 28.6. And last, but certainly not least, are you looking for homes to rent in Rustburg? If so, the average rent price paid by renters in Rustburg is 647, according to recent statistics.

Diversity And Demographics In Rustburg, 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 Rustburg, 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 Rustburg is 38.9, split between 51.9 percent male versus 48.1 female. The percentage of residents who report being married in Rustburg is 45.7, with an average family size of 2.82.

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

White 73.2%
Black / African American 26.6%
Asian 0%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 12.8%
Aged 10-19 7.5%
20s 20.4%
30s 10%
40s 6.5%
50s 16.2%
60s 12.3%
70s 8.2%
80+ 6%

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

Pros And Cons Of Living In Rustburg, Virginia

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

  • 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 Rustburg.

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

Rustburg, VA Foreclosures


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