The housing market in Spotsylvania Courthouse, VA is a strong one. The median value of a home in the area is currently $336,500. This is slightly less than the US House Median Value of $338,100. However, the house appreciation rate for the area over the past year has been 13.12%, higher than the national average of 8.27%. This indicates that buying a home in Spotsylvania Courthouse can be both more affordable and likely to appreciate faster than elsewhere nationwide.
The median home cost in Spotsylvania Courthouse is $336,500. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Spotsylvania Courthouse is up 15.5%.
Average Age of Homes
- The median age of Spotsylvania Courthouse real estate is 31 years old
The Rental Market in Spotsylvania Courthouse
- Renters make up 24.3% of the Spotsylvania Courthouse population
- 9.9% of houses and apartments in Spotsylvania Courthouse, 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.