Radford, VA is a great place to live with a median housing value of $223,800 - much lower than the US median of $338,100. In addition, it has seen an impressive 15.80% one-year house appreciation rate compared to the national average of 8.27%. This makes Radford an ideal location for those looking to invest in real estate or purchase a home at a fraction of the cost of other areas in the country. With its attractive housing values and consistently increasing appreciation rates, Radford is an excellent place to invest in real estate and buy a home.
The median home cost in Radford is $223,800. Home appreciation the last 10 years has been 55.9%. Home Appreciation in Radford is up 15.8%.
Average Age of Homes
- The median age of Radford real estate is 46 years old
The Rental Market in Radford
- Renters make up 43.5% of the Radford population
- 2.7% of houses and apartments in Radford, 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.