Big Island, VA is a great place to invest in housing. The median value of homes in Big Island is $180,800 - significantly lower than the US median value of $338,100. Home appreciation over the past year has been an impressive 14.49%, which is higher than the national rate of 8.27%. This makes it a great place for those looking to purchase a home and benefit from market growth over time.
The median home cost in Big Island is $180,800. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Big Island is up 17.9%.
Average Age of Homes
- The median age of Big Island real estate is 59 years old
The Rental Market in Big Island
- Renters make up 5.7% of the Big Island population
- 0.0% of houses and apartments in Big Island, 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.