Bobtown, VA is an attractive housing market due to its high median value of $586,900, which is nearly double the US median house value of $338,100. Furthermore, it boasts a 1 year house appreciation rate of 11.30%, which is significantly higher than the US average of 8.27%. This means that homeowners in Bobtown can expect to see significant increases in their home values over time. It's no wonder that Bobtown is a popular destination for home buyers and investors alike!
The median home cost in Bobtown is $586,900. Home appreciation the last 10 years has been 58.5%. Home Appreciation in Bobtown is up 13.1%.
Average Age of Homes
- The median age of Bobtown real estate is 22 years old
The Rental Market in Bobtown
- Renters make up 12.7% of the Bobtown population
- 0.0% of houses and apartments in Bobtown, 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.