Foreclosure Homes in Wake, VA

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5 Mill-creek-rd-Wake-VA-23176
$274,703 EMV

Mill Creek Rd
Wake, VA 23176

2 Bed | 1.5 Bath | 1,651 Sq. Ft.

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Home Value Estimator For Wake, VA

There are currently 254 real estate properties in Wake, VA, with a median automated valuation model (AVM) price of $300,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wake, 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 Wake, VA, is $335,677.00, with the most expensive house in Wake, VA, topping out at $851,100.00 and the cheapest home in Wake, VA, clocking in at $97,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Wake, VA!

Rent Prices In Wake, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wake, VA, is on a rollercoaster ride. The average rent price in Wake, VA, is $1,493.00. Indeed, when looking to rent in Wake, VA, you can expect to pay as little as $830.00 or as much as $2,480.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Wake, 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.

Foreclosure Homes in Wake, VA

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

Top Reasons To Live In Wake, VA In 2021

All of the best foreclosed homes for sale in Wake are located in the following zip code areas on 23176. The estimated population per square kilometer (.62 miles) in Wake is 86.7.

Diversity And Demographics In Wake, 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 Wake, 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.

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

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

Pros And Cons Of Living In Wake, Virginia

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

  • 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 Wake.

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


Listing types in Wake, VA

These money-making opportunities can deliver huge savings on your next purchase.

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