Honaker, VA is a great place to invest in housing with its median value being much lower than the US House Median Value of $338,100. Not only that, but the 1 year House Appreciation in Honaker, VA is 18.69%, which is significantly higher than the US 1 year House Appreciation of 8.27%. Therefore it is a great time for potential buyers to take advantage of this high appreciation rate and invest in housing in Honaker, VA.
The median home cost in Honaker is $83,100. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Honaker is up 22.5%.
Average Age of Homes
- The median age of Honaker real estate is 45 years old
The Rental Market in Honaker
- Renters make up 21.5% of the Honaker population
- 1.3% of houses and apartments in Honaker, 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.