Nickelsville, VA is a great place to live and invest in real estate. The median value of housing in the town is $146,100, which is much lower than the US house median value of $338,100. Despite this lower median value, the one year house appreciation rate in Nickelsville is 18.69%, significantly higher than the national average of 8.27%. This means that houses are appreciating quickly in Nickelsville and may be a good investment for those looking to buy a home or rent out property.
The median home cost in Nickelsville is $146,100. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Nickelsville is up 22.5%.
Average Age of Homes
- The median age of Nickelsville real estate is 41 years old
The Rental Market in Nickelsville
- Renters make up 31.4% of the Nickelsville population
- 2.1% of houses and apartments in Nickelsville, 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.