South Run, VA has a median value for housing of $888,200, which is considerably higher than the US median value of $338,100. The US housing market has seen an appreciation of 8.27% over the last year, while South Run houses have only appreciated 3.91%. This indicates that the housing in South Run is less affected by larger national trends and is perhaps more closely tied to local market forces. Nonetheless, South Run remains an attractive and expensive place to purchase a home.
The median home cost in South Run is $888,200. Home appreciation the last 10 years has been 57.9%. Home Appreciation in South Run is up 9.5%.
Average Age of Homes
- The median age of South Run real estate is 30 years old
The Rental Market in South Run
- Renters make up 6.3% of the South Run population
- 0.0% of houses and apartments in South Run, 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.