Fort Lee, VA is a great place to buy a home. The median value of housing in the area is $308,600, which is slightly lower than the national median value of $338,100. What's more impressive is that over the last year, home appreciation in Fort Lee has been 12.84%, much higher than the national average of 8.27%. This makes it an ideal time to invest in property in Fort Lee for those looking to build wealth through real estate.
The median home cost in Fort Lee is $308,600. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Fort Lee is up 18.6%.
Average Age of Homes
- The median age of Fort Lee real estate is 9 years old
The Rental Market in Fort Lee
- Renters make up 84.8% of the Fort Lee population
- 2.7% of houses and apartments in Fort Lee, 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.