Rivanna, VA is a desirable location for homeowners as it offers housing with a median value of $756,700, well above the national median value of $338,100. Furthermore, in the past year, the US housing appreciation rate has been 8.27%, but in Rivanna that rate is much higher at 14.98%. This makes it an attractive market for real estate investment and suggests that home values will continue to increase in Rivanna.
The median home cost in Rivanna is $756,700. Home appreciation the last 10 years has been 68.6%. Home Appreciation in Rivanna is up 14.9%.
Average Age of Homes
- The median age of Rivanna real estate is 20 years old
The Rental Market in Rivanna
- Renters make up 4.9% of the Rivanna population
- 0.0% of houses and apartments in Rivanna, 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.