Foreclosure Homes in Troutville, VA

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View this home at Cherokee Ln Troutville VA 24175
$357,676 EMV
Cherokee Ln
Troutville, VA 24175
EST. RENT: $1,640
AUCTION: 05-01-2024
View this home at Gravel Hill Rd Troutville VA 24175
$346,500 EMV
Gravel Hill Rd
Troutville, VA 24175
EST. RENT: $2,480
AUCTION: 04-18-2024
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Troutville, VA Foreclosures

How much do homes sell for in Troutville, VA?
The average home price is currently $383,055.
In Troutville, VA, how many homes are available?
There are currently 3,320 active home listings available in Troutville.
What’s the average rental cost in Troutville, VA?
The average rental price in Troutville is $1,366.
What is the most expensive home in Troutville, Virginia?
The most expensive home sold in Troutville had a price of $5,563,638.
What is currently the cheapest priced home in Troutville, VA?
The cheapest home for sale in Troutville is priced at $26,150.

Home Value Estimator For Troutville, VA

There are currently 3,320 real estate properties in Troutville, VA, with a median automated valuation model (AVM) price of $353,779.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Troutville, 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 Troutville, VA, is $383,055.00, with the most expensive house in Troutville, VA, topping out at $5,563,638.00 and the cheapest home in Troutville, VA, clocking in at $26,150.00. In other words, there’s something for every potential homebuyer or savvy investor in Troutville, VA!

Rent Prices In Troutville, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Troutville, VA, is on a rollercoaster ride. The average rent price in Troutville, VA, is $1,366.00. Indeed, when looking to rent in Troutville, VA, you can expect to pay as little as $560.00 or as much as $3,140.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Troutville, 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 Troutville, VA In 2024

Troutville is located in Botetourt, Virginia, with an estimated municipal population of 427 residents. All of the best foreclosed homes for sale in Troutville are located in the following zip code areas on 24175. The estimated population per square kilometer (.62 miles) in Troutville is 238.

Cost Of Living In Troutville, VA

So, about how much do homes cost in Troutville? The most recent median value of resident-owned homes in Troutville is 150,950. An estimated 65.1 percent of households in Troutville own their homes, with an average family size of 2.6. The median household income in Troutville is 44,722, with12.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Troutville, the median commute time of resident workers (in minutes) is 28.4. And last, but certainly not least, are you looking for homes to rent in Troutville? If so, the average rent price paid by renters in Troutville is 859, according to recent statistics.

Diversity And Demographics In Troutville, 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 Troutville, 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 Troutville is 44.6, split between 44.2 percent male versus 55.8 female. The percentage of residents who report being married in Troutville is 49.4, with an average family size of 2.6.

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

White 94.3%
Black / African American 0.4%
Asian 4.2%
American Indian / Alaskan Native 1.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 3.6%
Aged 10-19 8%
20s 20.9%
30s 14.6%
40s 7%
50s 7.4%
60s 24.3%
70s 6.7%
80+ 7.4%

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

Pros And Cons Of Living In Troutville, Virginia

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

  • 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 Troutville.

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

Troutville, VA Foreclosures


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