The housing market in Coeburn, VA is a great investment opportunity. The median home value in the area is $108,800, which is significantly less than the US median house value of $338,100. In addition to being more affordable, the 1 year house appreciation rate in Coeburn is even higher than the US average at 18.69%, compared to 8.27%. This makes purchasing a home in Coeburn a smart choice for anyone looking to grow their wealth and increase their net worth.
The median home cost in Coeburn is $108,800. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Coeburn is up 22.5%.
Average Age of Homes
- The median age of Coeburn real estate is 41 years old
The Rental Market in Coeburn
- Renters make up 36.3% of the Coeburn population
- 4.2% of houses and apartments in Coeburn, 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.