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Foreclosure Homes in Timberlake, VA

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Foreclosure Homes in Timberlake, VA

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


Top Reasons To Live In Timberlake, VA In 2021

Timberlake is located in Campbell, Virginia, with an estimated municipal population of 13,247 residents. All of the best foreclosed homes for sale in Timberlake are located in the following zip code areas on Foreclosure.com: 24551 24550 24502. The estimated population per square kilometer (.62 miles) in Timberlake is 454.


Cost Of Living In Timberlake, VA

So, about how much do homes cost in Timberlake? The most recent median value of resident-owned homes in Timberlake is 183,046. An estimated 62.3 percent of households in Timberlake own their homes, with an average family size of 3.03. The median household income in Timberlake is 52,245, with19.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Timberlake, the median commute time of resident workers (in minutes) is 20.4. And last, but certainly not least, are you looking for homes to rent in Timberlake? If so, the average rent price paid by renters in Timberlake is 909, according to recent statistics.


Diversity And Demographics In Timberlake, 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 Timberlake, 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 Timberlake is 38.8, split between 46.7 percent male versus 53.3 female. The percentage of residents who report being married in Timberlake is 52.7, with an average family size of 3.03.

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

White 84.9%
Black / African American 8.3%
Asian 2.1%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.8%
Other 0.9%

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

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

Under 10 11.9%
Aged 10-19 11%
20s 15.1%
30s 13.7%
40s 10.9%
50s 12.8%
60s 10.5%
70s 9%
80+ 5.2%

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


Pros And Cons Of Living In Timberlake, Virginia

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

  • 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 Timberlake.


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

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