The housing in Chilhowie, VA is quite impressive. The median value of homes in the area is $160,100, which is significantly lower than the US House median value of $338,100. Over the last year, the appreciation rate for homes in Chilhowie has been 13.65%, which is higher than the US 1 year house appreciation rate of 8.27%. This shows that there is a strong real estate market in Chilhowie and suggests that it could be a great place to purchase a home or invest in property.
The median home cost in Chilhowie is $160,100. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Chilhowie is up 16.2%.
Average Age of Homes
- The median age of Chilhowie real estate is 46 years old
The Rental Market in Chilhowie
- Renters make up 34.4% of the Chilhowie population
- 1.1% of houses and apartments in Chilhowie, 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.