The housing market in King George, VA is thriving, with the median value for a house being significantly higher than the national average at $379,800. Additionally, houses in King George have seen an impressive 1 year appreciation rate of 10.11%, which is well above the national average of 8.27%. This indicates that the housing market in King George is a very attractive option for both investors and those seeking to purchase a home.
The median home cost in King George is $379,800. Home appreciation the last 10 years has been 70.1%. Home Appreciation in King George is up 9.8%.
Average Age of Homes
- The median age of King George real estate is 19 years old
The Rental Market in King George
- Renters make up 33.3% of the King George population
- 5.1% of houses and apartments in King George, 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.