The housing market in Kings Park West, VA is quite impressive. The median value of the homes in this area is an incredible $705,000, which is more than double the US House Median Value of $338,100. Despite this high median value, the one year appreciation rate of homes in Kings Park West is comparatively lower at 3.59%, compared to the US one year House Appreciation rate of 8.27%. While home prices are still on the rise here, it appears that they are rising at a slower pace than other parts of the country.
The median home cost in Kings Park West is $705,000. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Kings Park West is up 8.6%.
Average Age of Homes
- The median age of Kings Park West real estate is 41 years old
The Rental Market in Kings Park West
- Renters make up 11.6% of the Kings Park West population
- 0.0% of houses and apartments in Kings Park West, 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.