Basye, VA is a great place to invest in housing. The median value of homes in Basye is $267,800, which is significantly lower than the overall US median value of $338,100. In addition, the appreciation rate for homes in Basye over the past year has been 19.13%, more than double the national rate of 8.27%. With such an attractive price point and high appreciation rate, Basye is an ideal location for anyone looking to purchase a home or invest in real estate.
The median home cost in Basye is $267,800. Home appreciation the last 10 years has been 61.3%. Home Appreciation in Basye is up 14.3%.
Average Age of Homes
- The median age of Basye real estate is 33 years old
The Rental Market in Basye
- Renters make up 6.7% of the Basye population
- 1.2% of houses and apartments in Basye, 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.