Abingdon, VA has a median housing value of $246,400, which is significantly lower than the US median value of $338,100. However, the one-year house appreciation rate in Abingdon is 18.69%, which is much higher than the US rate of 8.27%. This indicates that Abingdon is a desirable place to invest in housing and could be an attractive option for potential home buyers and investors alike.
The median home cost in Abingdon is $246,400. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Abingdon is up 22.5%.
Average Age of Homes
- The median age of Abingdon real estate is 36 years old
The Rental Market in Abingdon
- Renters make up 43.9% of the Abingdon population
- 1.8% of houses and apartments in Abingdon, 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.