The housing market in Arrington, VA has been flourishing in recent years. The median value of homes in the area is currently at $199,200 which is significantly lower than the US median house value of $338,100. In addition to this, the one year house appreciation rate in Arrington has been even higher than the US average at 14.98%, compared to 8.27% nationally. This is indicative of a positive trend in terms of housing values and a promising outlook for those looking to buy or invest in property within Arrington.
The median home cost in Arrington is $199,200. Home appreciation the last 10 years has been 68.6%. Home Appreciation in Arrington is up 14.9%.
Average Age of Homes
- The median age of Arrington real estate is 40 years old
The Rental Market in Arrington
- Renters make up 21.7% of the Arrington population
- 0.0% of houses and apartments in Arrington, 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.