Gratton, VA is a great place to invest in real estate. The median housing value is currently at $111,800, which is lower than the US House median value of $338,100. The US 1 year house appreciation rate is 8.27%, but Gratton, VA has seen a higher appreciation rate of 13.65% over the same period of time. This makes it an attractive city for real estate investments with its potential for growth and return on investment.
The median home cost in Gratton is $111,800. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Gratton is up 16.2%.
Average Age of Homes
- The median age of Gratton real estate is 33 years old
The Rental Market in Gratton
- Renters make up 10.0% of the Gratton population
- 0.0% of houses and apartments in Gratton, 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.