Edinburg, VA is a desirable place to live due to its high median housing value of $282,600. This figure is significantly higher than the US house median value of $338,100. Home appreciation in Edinburg has been particularly strong over the last year, increasing by 19.13%, which is more than double the national rate of 8.27%. This appreciation indicates that Edinburg is a great place to invest in property and secure long-term returns.
The median home cost in Edinburg is $282,600. Home appreciation the last 10 years has been 61.3%. Home Appreciation in Edinburg is up 14.3%.
Average Age of Homes
- The median age of Edinburg real estate is 48 years old
The Rental Market in Edinburg
- Renters make up 35.6% of the Edinburg population
- 2.6% of houses and apartments in Edinburg, 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.