The housing market in North Shore, VA is booming. The median house value in the area is currently $517,200, which is significantly higher than the US median house value of $338,100. The one year house appreciation rate for the nation stands at 8.27%, but North Shore's rate has been even higher at 15.80%. This shows that North Shore is a great place to invest in housing and it continues to be a strong driver of local economic growth.
The median home cost in North Shore is $517,200. Home appreciation the last 10 years has been 55.9%. Home Appreciation in North Shore is up 15.8%.
Average Age of Homes
- The median age of North Shore real estate is 27 years old
The Rental Market in North Shore
- Renters make up 4.2% of the North Shore population
- 1.3% of houses and apartments in North Shore, 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.