Craigsville, VA is a vibrant and growing community with an impressive median housing value of $176,300. This is significantly lower than the US median housing value of $338,100 but the 1 year house appreciation rate in Craigsville is 12.12%, which is higher than the national average of 8.27%. This demonstrates that residents in Craigsville have plenty of potential for long term growth when selecting their real estate investments. With such great potential for growth, it’s no wonder that Craigsville has seen an increase in new residents and businesses over the past few years.
The median home cost in Craigsville is $176,300. Home appreciation the last 10 years has been 54.3%. Home Appreciation in Craigsville is up 14.6%.
Average Age of Homes
- The median age of Craigsville real estate is 58 years old
The Rental Market in Craigsville
- Renters make up 35.3% of the Craigsville population
- 4.0% of houses and apartments in Craigsville, 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.