Seven Mile Ford, VA is a great place to live for those looking to purchase a home. The median value of homes in the area is $147,400, which is significantly lower than the US median house value of $338,100. Despite the lower cost of housing in Seven Mile Ford, VA the one year appreciation rate is 13.65% - higher than the national average of 8.27%. This makes Seven Mile Ford an attractive option for potential homeowners who are interested in increasing their investments through rising home values.
The median home cost in Seven Mile Ford is $147,400. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Seven Mile Ford is up 16.2%.
Average Age of Homes
- The median age of Seven Mile Ford real estate is 35 years old
The Rental Market in Seven Mile Ford
- Renters make up 40.1% of the Seven Mile Ford population
- 0.0% of houses and apartments in Seven Mile Ford, 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.