Louisa County, VA is an attractive place to buy a home due to its range in housing median values and appreciation rates. The median value of a house in Louisa County is $322,100, lower than the national median value of $338,100. However, the one year house appreciation rate in Louisa County is 12.14%, significantly higher than the 8.27% seen nationwide. This means that potential homeowners could benefit from purchasing a home at the lower median value now and expect to see positive returns on their investment in the coming years.
The median home cost in Louisa County is $322,100. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Louisa County is up 14.3%.
Average Age of Homes
- The median age of Louisa County real estate is 23 years old
The Rental Market in Louisa County
- Renters make up 14.6% of the Louisa County population
- 0.6% of houses and apartments in Louisa County, 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.