The housing market in Broadway, VA is booming. The median value of homes in the area is $258,000, which is significantly lower than the US national median of $338,100. In the last year alone, the housing market in Broadway has seen an impressive 19.13% appreciation rate compared to 8.27% nationally. Those looking to invest or purchase property in Broadway will find great value and opportunities for growth.
The median home cost in Broadway is $258,000. Home appreciation the last 10 years has been 61.3%. Home Appreciation in Broadway is up 14.3%.
Average Age of Homes
- The median age of Broadway real estate is 24 years old
The Rental Market in Broadway
- Renters make up 27.3% of the Broadway population
- 0.0% of houses and apartments in Broadway, 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.