The housing market in Bon Air, Virginia is thriving. The median value of homes in Bon Air is $344,700, which is slightly higher than the US median value of $338,100. Furthermore, while the US saw an appreciation of 8.27% in home values over the past year, Bon Air saw an even greater appreciation rate of 13.65%. This suggests that investing in Bon Air real estate can be a great choice for those looking to capitalize on the current housing market trends.
The median home cost in Bon Air is $344,700. Home appreciation the last 10 years has been 94.1%. Home Appreciation in Bon Air is up 15.2%.
Average Age of Homes
- The median age of Bon Air real estate is 42 years old
The Rental Market in Bon Air
- Renters make up 22.8% of the Bon Air population
- 1.2% of houses and apartments in Bon Air, 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.