Mappsville, VA is an area with a high median housing value, with the median house value in Mappsville at $273,600 compared to the US median of $338,100. This means that people buying and selling houses in Mappsville can expect to receive higher prices than what is seen nationwide. Additionally, house appreciation rates have been higher in Mappsville than the nationwide average in the last year; in particular, house values have increased 12.01% compared to 8.27% nationally during this same time period. This indicates a strong market for real estate in Mappsville and makes it a desirable place to buy or invest in housing.
The median home cost in Mappsville is $273,600. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Mappsville is up 13.0%.
Average Age of Homes
- The median age of Mappsville real estate is 49 years old
The Rental Market in Mappsville
- Renters make up 20.7% of the Mappsville population
- 0.0% of houses and apartments in Mappsville, 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.