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Preforeclosure Homes in South Boston, VA

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Willow-st-South-boston-VA-24592
Preforeclosure
$75,055 EMV

Willow St
South Boston, VA 24592

3 Bed | 1,416 Sq. Ft.

River-rd-South-boston-VA-24592
Preforeclosure
$423,810 EMV

River Rd
South Boston, VA 24592

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Foreclosure Homes in South Boston, VA

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


Top Reasons To Live In South Boston, VA In 2021

South Boston is located in Halifax, Virginia, with an estimated municipal population of 7,588 residents. All of the best foreclosed homes for sale in South Boston are located in the following zip code areas on Foreclosure.com: 24592. The estimated population per square kilometer (.62 miles) in South Boston is 224.


Cost Of Living In South Boston, VA

So, about how much do homes cost in South Boston? The most recent median value of resident-owned homes in South Boston is 130,965. An estimated 54.8 percent of households in South Boston own their homes, with an average family size of 3.17. The median household income in South Boston is 42,311, with10.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in South Boston, the median commute time of resident workers (in minutes) is 15.4. And last, but certainly not least, are you looking for homes to rent in South Boston? If so, the average rent price paid by renters in South Boston is 671, according to recent statistics.


Diversity And Demographics In South Boston, 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 South Boston, 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 South Boston is 38.9, split between 43 percent male versus 57 female. The percentage of residents who report being married in South Boston is 30.7, with an average family size of 3.17.

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

White 39.5%
Black / African American 56.5%
Asian 2.1%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 0.3%

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

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

Under 10 12.4%
Aged 10-19 16.3%
20s 11.5%
30s 10.6%
40s 9.6%
50s 11.5%
60s 12.1%
70s 6.4%
80+ 9.5%

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


Pros And Cons Of Living In South Boston, Virginia

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

  • 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 South Boston.


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

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Listing types in South Boston, VA

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