The housing market in Boydton, VA is currently thriving, with a median house value of $185,400. This is significantly lower than the US median of $338,100 and it has appreciated at a rate of 13.65% over the past year compared to 8.27% nationally. Analysts attribute this strong appreciation to low inventory and increasing demand for homes in the area. This strong appreciation makes now an ideal time for potential home buyers looking to invest in real estate in Boydton, VA.
The median home cost in Boydton is $185,400. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Boydton is up 16.2%.
Average Age of Homes
- The median age of Boydton real estate is 66 years old
The Rental Market in Boydton
- Renters make up 22.9% of the Boydton population
- 1.4% of houses and apartments in Boydton, 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.