Glen Allen, VA is a great place to own a home. The median value of housing in Glen Allen is $406,200, which is significantly higher than the US median value of $338,100. Moreover, the US 1 year house appreciation rate is 8.27%, while the house appreciation rate in Glen Allen is 13.78%. This highlights that Glenn Allen's housing market has been booming over the past year and may be an attractive option for potential buyers looking for a place to call home.
The median home cost in Glen Allen is $406,200. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Glen Allen is up 13.8%.
Average Age of Homes
- The median age of Glen Allen real estate is 26 years old
The Rental Market in Glen Allen
- Renters make up 25.1% of the Glen Allen population
- 0.4% of houses and apartments in Glen Allen, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.