The community of Glen Allen is located in the eastern part of Virginia about 8.6 miles from the capital city of Richmond and approximately 90 miles from our nationís capital, Washington, DC. Glen Allen is found within Henrico and Hanover counties and has a resident population of about 13,500. Real estate options in the area consist of primarily single family homes, condominiums and townhouses, as well as land lots for custom building.
The economy within Glen Allen is rather diverse and self-sufficient with several industries providing employment opportunities including finance, insurance, real estate, rental and leasing, educational, health and social services and retail trade. Interstate Highways 295, 64 and 95 are all located nearby and provide commuter access to and from the area. For those who depend on air travel for either business or pleasure, Richmond International Airport is about 17 miles away providing convenient flight accommodations.
Residents with children from grades K-12 will find proper educational amenities through the Henrico County School District. Those in pursuit of a degree in higher education will find Strayer University and J. Sargent Reynolds Henrico Campuses in the community with seven other nearby college and university campuses at their disposal including the University of Richmond and Virginia State University. Recreational opportunities here include museums and parks, as well as a movie theater and great shopping and restaurants at Short Pump Towne Center. Also, the Cultural Arts Center offers a rich variety of concerts and educational opportunities for the whole family.
Price Range of Local Real Estate & Homes in Henrico County
Prices for standard 3-bedroom homes in Glen Allen can be purchased for less than $100,000. Larger properties with 5 or more bedrooms and 3 or more baths can be acquired from about $200,000 to well over $1.5 million. Condominiums and townhomes in Glen Allen are priced starting from $75,000 to about $700,000. There are also plenty of opportunities to purchase empty lots of land for those who wish to implement custom designs and build their dream homes.
Glen Allen Real Estate Stats and Trends for the week of December 2nd, 2013: homes priced around $333,498 compared to $311,498 the previous week, showing a increase of more than +7%. For Sunday, December 8th, the current national mortgage rate for a 30 year fixed mortgage is 4.52%; the 15 year fixed rate is at 3.54%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.55%, while the 15 year jumbo rate currently is at 3.82%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Glen Allen VA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Glen Allen to help you find the best home!