The housing market in Fort Belvoir, VA is very high compared to the US median house value. The median house value in Fort Belvoir is $676,600 compared to the US median house value of $338,100. While the US has seen an appreciation of 8.27% over the past year, Fort Belvoir's appreciation rate was much lower at 3.59%. This suggests that while the housing market in this area is still relatively strong, it is not as attractive for investors or buyers looking to make a quick return on their investment.
The median home cost in Fort Belvoir is $676,600. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Fort Belvoir is up 8.6%.
Average Age of Homes
- The median age of Fort Belvoir real estate is 16 years old
The Rental Market in Fort Belvoir
- Renters make up 92.7% of the Fort Belvoir population
- 6.1% of houses and apartments in Fort Belvoir, 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.