The housing market in Bridgewater, VA is an attractive one for many potential buyers. The median value of homes is currently $307,900 which is significantly lower than the US House Median Value of $338,100. This offers a great deal of savings to those looking to purchase a home in this area. Furthermore, according to recent statistics, the house appreciation rate over the past year in Bridgewater has been 19.13%; higher than the national average of 8.27%. With such promising figures and competitive pricing compared to other areas across the country, it is no wonder that Bridgewater has become an increasingly sought-after place to live.
The median home cost in Bridgewater is $307,900. Home appreciation the last 10 years has been 61.3%. Home Appreciation in Bridgewater is up 14.3%.
Average Age of Homes
- The median age of Bridgewater real estate is 43 years old
The Rental Market in Bridgewater
- Renters make up 37.5% of the Bridgewater population
- 1.8% of houses and apartments in Bridgewater, 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.