The housing market in Passapatanzy, VA has been thriving over the past year. The median value of a house in Passapatanzy is $430,400, which is significantly higher than the US median housing value of $338,100. This difference can be attributed to the higher rate of house appreciation in Passapatanzy - 10.11% compared to 8.27% nationally. This trend suggests that investing in the Passapatanzy housing market would be an excellent financial decision since it continues to appreciate at a faster rate than the national average. Therefore, buyers and sellers looking for a profitable venture should look towards Passapatanzy as their ideal location for real estate investments.
The median home cost in Passapatanzy is $430,400. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Passapatanzy is up 9.8%.
Average Age of Homes
- The median age of Passapatanzy real estate is 22 years old
The Rental Market in Passapatanzy
- Renters make up 3.6% of the Passapatanzy population
- 0.0% of houses and apartments in Passapatanzy, 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.