Preforeclosure Homes in Urbanna, VA

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5 View this home at Old Virginia St Urbanna VA 23175
$349,880 EMV
Old Virginia St
Urbanna, VA 23175
2 |
EST. RENT: $1,510
AUCTION: 06-04-2024
2 |
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Home Value Estimator For Urbanna, VA

There are currently 1,025 real estate properties in Urbanna, VA, with a median automated valuation model (AVM) price of $369,762.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Urbanna, 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 Urbanna, VA, is $436,864.00, with the most expensive house in Urbanna, VA, topping out at $3,944,900.00 and the cheapest home in Urbanna, VA, clocking in at $33,222.00. In other words, there’s something for every potential homebuyer or savvy investor in Urbanna, VA!

Rent Prices In Urbanna, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Urbanna, VA, is on a rollercoaster ride. The average rent price in Urbanna, VA, is $1,513.00. Indeed, when looking to rent in Urbanna, VA, you can expect to pay as little as $680.00 or as much as $3,120.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Urbanna, 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 Urbanna, VA In 2024

Urbanna is located in Middlesex, Virginia, with an estimated municipal population of 458 residents. All of the best foreclosed homes for sale in Urbanna are located in the following zip code areas on 23175. The estimated population per square kilometer (.62 miles) in Urbanna is 417.

Cost Of Living In Urbanna, VA

So, about how much do homes cost in Urbanna? The most recent median value of resident-owned homes in Urbanna is 230,201. An estimated 67.1 percent of households in Urbanna own their homes, with an average family size of 2.34. The median household income in Urbanna is 40,357, with16.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Urbanna, the median commute time of resident workers (in minutes) is 17.8. And last, but certainly not least, are you looking for homes to rent in Urbanna? If so, the average rent price paid by renters in Urbanna is 1,049, according to recent statistics.

Diversity And Demographics In Urbanna, 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 Urbanna, 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 Urbanna is 60.7, split between 47.4 percent male versus 52.6 female. The percentage of residents who report being married in Urbanna is 56.5, with an average family size of 2.34.

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

White 79.7%
Black / African American 14.6%
Asian 0%
American Indian / Alaskan Native 2.6%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.1%
Other 0%

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

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

Under 10 6.8%
Aged 10-19 12.7%
20s 1.7%
30s 5.9%
40s 5.9%
50s 12.5%
60s 17.7%
70s 28%
80+ 8.7%

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

Pros And Cons Of Living In Urbanna, Virginia

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

  • 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 Urbanna.

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

Urbanna, VA Preforeclosure Homes


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