Foreclosure for Sale on Chestnut St, Salem, VA 24153

Foreclosures › Virginia › Salem › Salem › Chestnut St
Bank-owned REO foreclosure property at Chestnut St, Salem, VA 24153. 3 bed 1 bath 1,588 sq ft Salem County foreclosure listing.
Foreclosure (REO) Active 65 days on market
Chestnut St, Salem, VA 24153
Price TBD
Salem County · Virginia
3
Bedrooms
1
Bathrooms
1,588
Sq ft
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Property details
Listing type Foreclosure
Property type SingleFamily
Bedrooms 3
Bathrooms 1
Living area 1,588 sq ft
County Salem County
State Virginia
ZIP 24153
Days on Market 65 days
Listing ID 65884994
About this property

This Salem, VA property is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted.

📊 Salem County Market · Updated daily
Active Listings
60
Bank-Owned (REO)
14
Pre-Foreclosures
46

60 active foreclosure listings in Salem, VA.

Browse all Salem County foreclosures →
❓ Frequently Asked Questions
This is a bank-owned (REO) property. The lender has repossessed it after the foreclosure process completed. REO properties are sold as-is but typically allow conventional financing and interior inspections before closing.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Salem County foreclosures for additional guidance on the purchase process.
There are currently 60 active foreclosure listings in Salem, VA. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition — most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status — eviction may be required if the property is occupied.
🌊 Flood Zone · FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map →
🏦 Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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📍 Location Map · Salem, VA Open in Google Maps →
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🏘️ Neighborhood Profile · ZIP 24153 · U.S. Census ACS
Population
38,386
Median Age
42.5 yrs
Households
15,092
Median Household Income
$73,136
Median Home Value
$232,500
Median Rent
$1,063/mo
Owner-Occupied
71% of homes
Vacancy Rate
8% of units
Unemployment Rate
3.5%

~20% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
🏫 Schools · NCES 2024–25
Schools in ZIP 24153
🏫 Elementary
East Salem Elementary
Grades Pre-K–5·Salem ZIP 24153
Fort Lewis Elementary
Grades Pre-K–5·Salem ZIP 24153
G.W. Carver Elementary
Grades Pre-K–5·Salem ZIP 24153
🏫 Middle
Andrew Lewis Middle
Grades 6–8·Salem ZIP 24153
Glenvar Middle
Grades 6–8·Salem ZIP 24153
🎓 High
Glenvar High
Grades 9–12·Salem ZIP 24153
Salem High
Grades 9–12·Salem ZIP 24153

Source: NCES CCD 2024–25 · nces.ed.gov

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