Montross, VA is an ideal location for housing. With a median value of $261,300, it is below the US House Median Value of $338,100. Although it may be lower than the national average, the 1 year house appreciation in Montross is 13.12%, which is higher than the US 1 year house appreciation of 8.27%. This makes Montross a great place to invest in real estate as it will likely increase in value over time.
The median home cost in Montross is $261,300. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Montross is up 15.5%.
Average Age of Homes
- The median age of Montross real estate is 57 years old
The Rental Market in Montross
- Renters make up 23.8% of the Montross population
- 1.8% of houses and apartments in Montross, 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.