Meadowbrook, VA is experiencing a strong housing market with the median value of homes at $273,700. This is significantly lower than the US median house value of $338,100. However, the 1 year appreciation rate in Meadowbrook is 13.65% which exceeds the national rate of 8.27%. This shows that despite the lower median value in Meadowbrook compared to the nation as a whole, home values are still increasing and making it an attractive place for potential buyers.
The median home cost in Meadowbrook (zip 23234) is $273,700. Home appreciation the last 10 years has been 94.1%. Home Appreciation in Meadowbrook (zip 23234) is up 15.2%.
Average Age of Homes
- The median age of Meadowbrook (zip 23234) real estate is 42 years old
The Rental Market in Meadowbrook (zip 23234)
- Renters make up 36.5% of the Meadowbrook (zip 23234) population
- 2.1% of houses and apartments in Meadowbrook (zip 23234), 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.