Cedar Bluff, VA is experiencing a rapid growth in the housing market. The median value of a house in Cedar Bluff is $151,500 which is significantly lower than the US median house value of $338,100. Furthermore, the one year appreciation rate for houses in Cedar Bluff has been 13.65%, which is higher than the national average of 8.27%. This indicates that there is an increased demand for housing in Cedar Bluff and could potentially lead to further value appreciation in the future.
The median home cost in Cedar Bluff is $151,500. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Cedar Bluff is up 16.2%.
Average Age of Homes
- The median age of Cedar Bluff real estate is 42 years old
The Rental Market in Cedar Bluff
- Renters make up 30.9% of the Cedar Bluff population
- 3.6% of houses and apartments in Cedar Bluff, 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.