Housing in Onancock, VA is a great investment for those looking to buy in the area. The median value of homes in Onancock is $235,100, which is lower than the US median value of $338,100. Furthermore, the one year appreciation of housing in Onancock stands at 11.30%, which is higher than the US average annual appreciation rate of 8.27%. This indicates that house prices are growing rapidly and that now may be a good time to invest in property in Onancock.
The median home cost in Onancock is $235,100. Home appreciation the last 10 years has been 58.5%. Home Appreciation in Onancock is up 13.1%.
Average Age of Homes
- The median age of Onancock real estate is 69 years old
The Rental Market in Onancock
- Renters make up 32.1% of the Onancock population
- 0.0% of houses and apartments in Onancock, 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.