Housing in Winchester, VA is an attractive investment for potential buyers. The median value of housing in the area is $332,900, which is slightly lower than the national median value of $338,100. Additionally, homes in Winchester have appreciated by 8.08% over the past year, which is just slightly below the US one-year appreciation rate of 8.27%. This makes Winchester a great place to invest in real estate, as it offers both affordability and strong returns.
The median home cost in Winchester is $332,900. Home appreciation the last 10 years has been 81.1%. Home Appreciation in Winchester is up 13.9%.
Average Age of Homes
- The median age of Winchester real estate is 48 years old
The Rental Market in Winchester
- Renters make up 47.0% of the Winchester population
- 4.0% of houses and apartments in Winchester, 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.