The housing market in Broadlands, VA is thriving. The median value of a house in the area is $774,400, which is significantly higher than the national median value of $338,100. Furthermore, the year-over-year appreciation rate for houses in Broadlands stands at 7.46%, which is slightly lower than the national rate of 8.27%. This makes Broadlands an attractive destination for potential buyers looking to invest in real estate and benefit from its appreciating prices.
The median home cost in Broadlands is $774,400. Home appreciation the last 10 years has been 66.4%. Home Appreciation in Broadlands is up 8.1%.
Average Age of Homes
- The median age of Broadlands real estate is 14 years old
The Rental Market in Broadlands
- Renters make up 13.7% of the Broadlands population
- 0.6% of houses and apartments in Broadlands, 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.