The housing market in Meadowbrook, VA is flourishing. The median house value is a respectable $250,500, which is below the US median house value of $338,100. However, the 1 year house appreciation rate for Meadowbrook is 13.65%, much higher than the national rate of 8.27%. This indicates that Meadowbrook is an area with strong demand and potential for capital appreciation in the near future.
The median home cost in Meadowbrook is $250,500. Home appreciation the last 10 years has been 94.1%. Home Appreciation in Meadowbrook is up 15.2%.
Average Age of Homes
- The median age of Meadowbrook real estate is 41 years old
The Rental Market in Meadowbrook
- Renters make up 22.2% of the Meadowbrook population
- 2.1% of houses and apartments in Meadowbrook, 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.