Winchester city, VA County has an impressive median housing value of $292,200, which is significantly lower than the US median house value of $338,100. In addition to being more affordable than other areas in the country, Winchester city also boasts a 1 year house appreciation rate of 15.73%, which is higher than the national average of 8.27%. These factors make Winchester city a great location for those looking to purchase or invest in real estate.
The median home cost in Winchester City County is $292,200. Home appreciation the last 10 years has been 81.1%. Home Appreciation in Winchester City County is up 13.9%.
Average Age of Homes
- The median age of Winchester City County real estate is 48 years old
The Rental Market in Winchester City County
- Renters make up 47.0% of the Winchester City County population
- 4.0% of houses and apartments in Winchester City 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.