Draper, VA is a great place to live and invest in housing. The median value of a house in Draper is $190,400 - significantly lower than the US median value of $338,100. This presents an opportunity for those looking to purchase or invest in real estate as the US has seen appreciation of 8.27%, however House appreciation in Draper is even higher at 13.65%. It's an ideal location for those looking to buy for either personal use or as an investment.
The median home cost in Draper is $190,400. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Draper is up 16.2%.
Average Age of Homes
- The median age of Draper real estate is 30 years old
The Rental Market in Draper
- Renters make up 6.6% of the Draper population
- 0.0% of houses and apartments in Draper, 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.