Long Branch, VA is a desirable place to live due to its high median housing value of $679,100. This is significantly higher than the US median house value of $338,100, which reflects the desirability of the area. Over the past year, US house appreciation was 8.27%, while Long Branch experienced a lower appreciation rate of 3.59%. This suggests that Long Branch homes have more stability and are less affected by national trends in the housing market.
The median home cost in Long Branch is $679,100. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Long Branch is up 8.6%.
Average Age of Homes
- The median age of Long Branch real estate is 47 years old
The Rental Market in Long Branch
- Renters make up 15.4% of the Long Branch population
- 1.2% of houses and apartments in Long Branch, 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.