The housing market in Free Union, VA is robust and growing. The median value of homes in the area is $518,400, which is significantly higher than the US median value of $338,100. While the US has an average annual appreciation rate of 8.27%, Free Union homes have seen an even higher appreciation rate of 14.98% over the last year. This growth trend shows a strong market for potential buyers and investors alike looking to take advantage of this vibrant housing sector.
The median home cost in Free Union is $518,400. Home appreciation the last 10 years has been 68.6%. Home Appreciation in Free Union is up 14.9%.
Average Age of Homes
- The median age of Free Union real estate is 6 years old
The Rental Market in Free Union
- Renters make up 44.8% of the Free Union population
- 0.0% of houses and apartments in Free Union, 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.