The housing market in Fries, VA is a great investment opportunity. The median value of homes in Fries is $103,400, which is significantly lower than the US median value of $338,100. Furthermore, the one-year appreciation rate for homes in Fries was 13.65%, higher than the national average of 8.27%. This makes the housing market in Fries an attractive option for potential buyers and investors looking to take advantage of its considerable growth potential and relatively low cost.
The median home cost in Fries is $103,400. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Fries is up 16.2%.
Average Age of Homes
- The median age of Fries real estate is 78 years old
The Rental Market in Fries
- Renters make up 35.9% of the Fries population
- 1.5% of houses and apartments in Fries, 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.