The housing market in Timberville, VA is booming. The median house value is $242,500, which is significantly lower than the US median house value of $338,100. Furthermore, the 1-year appreciation rate for houses in Timberville, VA has been much higher at 19.13%, compared to the national average of 8.27%. This shows that Timberville's housing market is experiencing a surge in activity that is well above the national level.
The median home cost in Timberville is $242,500. Home appreciation the last 10 years has been 61.3%. Home Appreciation in Timberville is up 14.3%.
Average Age of Homes
- The median age of Timberville real estate is 41 years old
The Rental Market in Timberville
- Renters make up 36.5% of the Timberville population
- 0.0% of houses and apartments in Timberville, 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.