The median value of a house in Mantua, VA is $907,000 which is significantly higher than the US median value of $338,100. Over the past year, the appreciation rate for houses in Mantua has been much lower than the national average. Houses in Mantua have seen an appreciation of only 3.59% compared to 8.27% nationwide. This slower appreciation rate may be attributed to its higher price point and could indicate that demand is not growing as rapidly as other areas of the country. Despite this relatively low appreciation rate, homes in Mantua remain a desirable investment due to their high value and continued stability.
The median home cost in Mantua is $907,000. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Mantua is up 8.6%.
Average Age of Homes
- The median age of Mantua real estate is 48 years old
The Rental Market in Mantua
- Renters make up 24.4% of the Mantua population
- 3.3% of houses and apartments in Mantua, 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.