Melfa, VA is a great place to live with a median housing value of $170,900. This is significantly lower than the US median housing value of $338,100. Furthermore, over the past year appreciation in Melfa, VA was 11.30%, which is higher than the US average of 8.27%. This makes Melfa a great place to invest in housing as property values are likely to continue increasing rapidly in the near future.
The median home cost in Melfa is $170,900. Home appreciation the last 10 years has been 58.5%. Home Appreciation in Melfa is up 13.1%.
Average Age of Homes
- The median age of Melfa real estate is 63 years old
The Rental Market in Melfa
- Renters make up 14.5% of the Melfa population
- 0.0% of houses and apartments in Melfa, 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.