The housing market in McKenney, VA is performing above the national average. According to recent data, the median value of a house in McKenney is $261,400 compared to the national median value of $338,100. The US has seen a 1 year house appreciation rate of 8.27%, while McKenney saw a rate of 12.84%. This indicates that housing values in McKenney are increasing faster than the nationwide average and could be a good investment for potential buyers or sellers.
The median home cost in McKenney is $261,400. Home appreciation the last 10 years has been 77.0%. Home Appreciation in McKenney is up 18.6%.
Average Age of Homes
- The median age of McKenney real estate is 58 years old
The Rental Market in McKenney
- Renters make up 29.8% of the McKenney population
- 1.8% of houses and apartments in McKenney, 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.