The housing market in Mathews, VA is booming. The median value of homes in the area currently stands at $264,800, which is significantly lower than the US House Median Value of $338,100. However, house appreciation in Mathews has been on the rise over the past year with an increase of 11.54%, compared to the US 1 year House Appreciation rate of 8.27%. This shows that Mathews is a great place to invest in property as it has strong potential for growth and appreciation.
The median home cost in Mathews is $264,800. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Mathews is up 15.6%.
Average Age of Homes
- The median age of Mathews real estate is 48 years old
The Rental Market in Mathews
- Renters make up 64.2% of the Mathews population
- 0.0% of houses and apartments in Mathews, 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.